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HARVARD LAW LIBRARY 



Received OJN 27 1917 




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FOURTH ANNUAL REPORT 



THE NORTH CAROLINA 



Corporation Commission 



FOR THE 



YEAR ENDING DECEMBER 31, 1902. 



Compilations from Railroad Returns for Year Ending June 30, 1902. 



RALEIGH, N. C: 

Edwards *& Broughton, State Printers. 

1003. 



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NORTH CAROLINA CORPORATION COMMISSION 



FRANKLIN McNEILL, 

Chairman. 
SAM. L. ROGERS, 
D. H. ABBOTT, 

COMMISSIONBBS. 



Hbnbt C. Bbown, Clerk. 
J. R. LoNo, Assistant Clerk. 
Miss E. 6. Riddick, Stenogrupber. 

JUN 27 1917 



Cr^pSS[^^> 



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LETTER OF TRANSMITTAL 



Office of the 
North Carolina Corporation Commission, 

Raleigh, X. C, December 31, 1902. 

To His Excellency, Charles B. Aycock, 

Governor of North Carolina, 

Sir: — In accordance with tlie law creating the North Carolina Cor- 
poration Commission, and defining the duties of said Commission, we 
have the honor of transmitting to you herewith our Fourth Annual 
Report. The statistical part of this report covers the year ending June 
30, 190i^ ; the transactions of the Connnission reported are for the 
year ending December 31, 1902. 

The railroads of the State, as will be soon by the statistical tables 
embodied in this report, have enjoyed a good business and had a pros- 
perous* year. 

Work of the Commission. 

The most important work accomplished by the Commission for the 
year was tlie reduction in the passenger fare rate over the Atlantic 
Coast Line Railroad, the Seaboard Air Line Railroad, and the South- 
em Railway. The Commissioners' Standard Rate of 2f cents per mile 
for second class fare and 3^ cents per mile for first class fare is now 
applied to the main line and branch lines of these three systems alike, 
and, in fact, to nearly every road in the State. 

Complaints. 

Two hundred and fifty-nine complaints have been brought before 
the Commission during the year. These complaints consisted princi- 
pally of overcharges', discriminations, freight service, failure of rail- 
road companies to* provide cars for transporting freights, storage 
charges, petitions for depots and sidings. 

When the complaint is filed, the attention of the company com- 
plained against is called to the cause of the complaint, and if the matter 
be such that can not be settled by correeqpondence alone, the officers 



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IV N. C. CORPORATION COMMISSION. 

of the cx)inpany complained against are cited to appear. In a large 
majority of instances these claims are amicably settled to the entire 
satisfaction of the parties concerned and without cost to the complain- 
ant ; others have, however, required hearings. The most serious* cause 
of coiiiplnint has been of inadequate transportation facilities, in that 
shippers, mostly manufacturers', have been unable to procure a suffi- 
cient supply of cars for the prompt transportation of their products. 
The cause of some of these complaints has been removed with reasonable 
promptness upon service of notice on the proper railroad officials*; 
others have not, and, in such cases, complainants were advised that it 
was the duty of the railroad companies to provide themselves with 
facilities for the movement of freights tendered, and that such com- 
panies' were liable for penalties and dama<2:es for failure to do so. 

Correspondence. 

The correspondence of the office has been voluminous — ^many inqui- 
ries touchiii<^ taxation and matters pertaining to corporations, etc. 
Shippers have found that by applying; to this office they can be advised 
of the proper freight rates and of the rules governing the transportation 
of freight to and from all points, and they are taking advantage of the 
opportunity. Much correspondence is necessary in the preparation of 
cases — the gathering of such statistics as are contemplated by law — 
all of this involves a vast amount of labor and oorrespf)ndence. 

Assessment and Tax-^tion. 

The construction of the Machinery Act of 1901 by the Commission, 
in that it was not authorized to assess railroad property again until 
the year 1903, and that the assessment made in the year 1900 was to 
remain until that time, was sustained on appeal by the Supreme Court. 
To this assessment the new railroad mileage was assessed, and the valu- 
ation thereof was added thereto and certified to the various counties 
and towns for the year 1902. 

MrLBAGE. 

There are 3,681.95 miles of railroad in the State, an increase of 
30.82 miles over last year. There were, however, 66.63 miles of new 
road built, but 35.81 miles of road were abandoned. The three large 
systems — ^the Atlantic Coast Line, the Seaboard Air Line and the 



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LETTER OF TRANSMITTAL. V 

Southern Eailway Companies — control more than three-fourths of the 
mileage in the State. The Atlantic Coast Line has 948.77 miles ; the 
Seaboard Air Line, 611.52 miles; the Southern Railway, 1,289.26 miles 
— total of the three systems, 2,849.65; miscellaneous roads, 832.40. 
and total mileage of the State, 3,681.95 miles. 

The total asse&'sed valuation of these and other properties assessed 
by the Commission is as follows: 

Valuations foe Taxation. 

Atlantic Coast Line ... 113,978,440.50 

Southern Railway... 15,825,677.59 

Seaboard Air Line 8,712,728.62 

Miscellaneous Railroads 4, 110, 414. 86 



Total 42,627,261.57 

Telephone Companies 388,984.50 

Steamboat, Canal and Ferries 249,950.00 

Street Railways 1,199,590.00 

Electric Light and Oas Companies 268,350.00 

Water Companies 260,985.00 

Telegraph Companies 904,140.00 

Sleeping Car Companies 180,205.30 

Express Companies 225,770.00 



Grand total 46,305,236.37 

The counties to which the largest apportionment of railroaH property 
is made are as follows: 

Cumberland $1,282,498 | Robeson 1,715,224 

Guilford 1,804,430 ; Wake 1,794,659 

Halifax 1,760,936 1 Wayne 1,189,787 



Johnston 1,520,710 

Mecklenburg 1,460,448 



Towns — 
Charlotte . $106,910 



Pender 1,008,694 j Greensboro 130,092 

Eabnings and Operating Expenses. 

Operating 
Earnings. Expenses. 

Atlantic Coast Line $4,394,888.72 $2,447,053.40 

Southern Railway 8,020,503.62 5,069,760.37 

Seaboard Air Line 2,684,334.24 1,724,559.28 

Miscellaneous 1,376,946.98 945,727.59 

Total 16,476,173.56 10,187,100.64 



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VI N. C. CORPORATION COMMISSION. 

Cost of Roads, Funded Debt and Capitai. Stock. 

Cost of Road. Funded Debt. Capital Stock. 

Atlantic Coast Line $38,189,978 $13,981,822 $23,944,042 

Seaboard Air Line 9, 220, 676 12, 781. 870 15, 158, 434 

Southern Railway 46, 835, 502 20, 359, 836 28, 673, 588 

Miscellaneous roads 11.118,803 5,623,852 10,101,0.51 



Total of all roads 104,864,959 52,697,380 77,877,115 

Taxes Paip. 

Atlantic Coast Line $185,710.00 or $195.00 per mile. 

Seaboard Air Line 89.595.00 or 147.00 

Southern Railway 231,587.00 or 180.73 

Miscellaneous roads 40,370.00 or 48.05 '• 



Total of allroads , 547,262.00 or 148.75 per mile. 

Employees. 

Atlantic Coast Line 2, 654 

Seaboard Air Line 2, 614 

Southern Railway 4,528 

Miscellaneous roads 1,605 



Total employees ... 11, 401 

The average wages paid are as follows: 

Atlantic Coast Line — i Conductors $8. 10 per day . 

Engineers $4.20 per day. ! Machinists - 2.32 



Firemen 1.88 *' 

Conductors 2.90 

Machinists 2.98 

Carpenters 2.12 

Southern Railway- 
Engineers $4.42 per day. 

Firemen 1.84 



Carpenters 2.00 

Seaboard Air Line — 

Engineers $4.27 per day. 

Firemen 1.58 

Conductors 2.76 

Machinists 2.32 *' 

Carpenters 2.00 



Total amount paid all employees in the State : 

Atlantic Coast Line $1,170,015 

Seaboard Air Line 988,864 

Southern Railway 1 , 972, 992 

Miscellaneous roads 821, 210 



Total of all roads 4,452,590 

Accidents. 

Atlantic Coast Line 17 killed, 800 injured. 

Southern Railway .49 ** 517 

Seaboard Air Line 18 ** 204 

Miscellaneous roads 8 ** 47 



Total 87 killed, 1,068 injured. 

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LETTER OF TRANSMITTAL. VII 

Stbeet Railways. 

Capital stock $3,427,424 

Fundeddebt 2,272,000. 

Gross earnings 531,019 

Operating expenses 408, 388 

Number of passengers carried 5, 741 , 046 

Telephone Companies. 

There are 65 Telephone Companies. 

Capital stock $1,709,249.00 

Fundeddebt 329,584.00 

Assessed valuation 388, 984. 00 

Earnings 169,952.81 

Bakks. 

The General Assembly, at its session in 18&9, placed the State, pri- 
vate and savings banks under the supervision of the North Carolina 
Corporation Commission. At that time there -were only 65 banks ; there 
are now 120 — 83 State, 28 private and 14 savings. 

In 1899 the capital stock of the banks was «a,807,297 

Thedeposits were 7,477,512 

Gk)ld, silver and National Bank notes 767,036 

Total resources 11,275,490 

In 1902 the capital stock is 3,513,564 

Deposits 14,046,775 

Gk>ld. silver and National Bank notes on hand 1,1A8,810 

Total resources 80,725,288 

Five reports are called for from each bank every year, besides a 
special examination which is made by bank examiners appointed by the 
Commission. All of thes^ reports are tabulated and on file in the 
office for convenient reference. 

Building jlni> Loan Associations. 

There are thirty building and loan associations, with assets amounting 
to $2,020,676. 

Eespectfully submitted, 

Feanklin Mo!N"bii.l^ 

Chairman. 
Sam. L. Eogees, 
D. H. Abbott^ 

Comnvissioners. 



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STANDARD PASSENGER TARIFF- 



Twelve years and older — 

First Class, S^ cents per mile. 
Second CJlass, 2f cents per mila 

Over 5 years and under 12 years of age — 

One-half first class fare. 

The above passenger tariff is applicable to the Atlantic Coast Linp 
Railroad, the Seaboard Air Line Railway, and the Southern Railway 
lines in North Carolina, with the exception of the South Carolina 
and Georgia Raiboad branch. 



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RAILROAD MILEAGE AND TERMINALS. 



Name of Bocul. 


Terminals. 


Mileage 
In 


From— 


To- 


North 
Carolina. 


Atlantic CJoaflt Line 


Garysburg, N.C 


Riohmond, Va 


7.03 




Wadesboro,N.C 

.Wilmington, N.C 


Florence, S. C 


14.27 




Columbla.S.C- - 


63.88 




Board man and Chad- 
bourn, N.C. 
Tarboro, N.C 


Conway, S. C 


25.00 




Norfolk, Va 


66.11 




Elrod,N.C 


Boardman, N. C— 


21.38 




Wilmington, N. C 

Sanford, N.C 


Weldon, N.C 


161.40 




Wilmington, N.C 


116.40 




Parkton,N.C 


Bennettsvllle,S.C- — 


84.44 




Warsaw, N.C 

Goldsboro, N. C 


Clinton, N. C 


18.43 




Smlthfleld, N.C 


21.50 


« 


Rocky Mount, N.C— 


Spring Hope, N. C 


19.20 




Parmele, N. G — 


Washington, N.C 


25.39 




Contentnea, N.C 

Wilmington, N.C 


Via Fayetteville to 

S. estate Line. 
New Bern, N.C 


116.20 
88.21 




Halifax, N. C 


Klnston, N. C 


85.82 




Rocky Mount, N. C — 


Plymouth, N. C 


68.27 


Southern Railway- 


946.32 


Atlanta and Charlotte Air Line 


Charlotte. N. C 


Atlanta, Ga — . . 


43.19 


Atlantic, Tennessee and Ohio 


Charlotte, N. C - 


Statesville, N. C 


45.00 


Atlantic and Danville 


Danville, Va 


Portsmouth, Va « 


22.00 


Atlantic and Yadkin 


Mount Airy, N.C 


Sanford, N.C 


180.95 




Climax, N. C 


Ramseur, N. C 


18.74 




Stokesdale, N.C 


Madison, N. C 


11.39 


ABheviUe and Spartanburg 


Ashevllle, N.C 


Spartanburg, S.C 


41.92 


Danville, Mocksvllle . and South- 
western. 

High Point, Randleman, Ashboro 
and Southern. 

Charlotte, Columbia and Augusta. . 


LeaksvlUe, N.C 1 


Cascade Junction, Va. 


7.80 


High Point, N. C 


Ashboro, N. C 


26.78 


Charlotte, N. C 


Augusta, Ga 


11.48 


North Carolina 


Goldsboro, N. C 


Charlotte, N. C 


228.20 


Caralelgh Branch 


Raleigh, N.C 


Caralelgh, N.C 


2.70 


North and South Carolina 


Virgillna,N.C 


Copper Mines, N. C 

Mooresvllle, N.C 


3.73 


North Carolina Midland 


Winston-Salem, N.C- 


58.51 


Northwestern North Carolina 


Greensboro, N. C 


Wllkesboro, N.C 


100.15 


Oxford and Clarksville 


Durham, N. C 


Clarksville, Va 


49.33 


Oxford and Henderson 


Oxford, N.C 


Henderson, N. C 


12 72 



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N. C. CORPORATION COMMISSION. 



RAILROAD MILEAGE AND TERMINALS-CoRtiimed. 



Name of Road. 


Terminals. 


Mileage 
in 


From— 


To- 


North 
Carolina. 


Southern Railway- Continued. 








Piedmont 


Greensboro, N.C 


Danville,Va 


42.78 


South Carolina and C^eorgla 


Marlon, N. C 


Camden, 8. C. — 


62.80 


State University 


Uulverslty Sta.,N.C-. 


Chapel Hill, N.C 


10.14 


Statesville and Western 


Statesville, N. C 


Taylorsvllle, N. C 


20.86 


Western North Carolina 


Salisbury, N.C 


Paint Rock, N.C 


185.48 




A»bevllle, N.C. . 


Murphy, N. C - 


122.16 


Yadkin 


Salisbury, N.C 


Norwood, N.C 


41.00 




1,280.26 


Seaboard Air Line 


Wilmington, N.C 


Rutherfurdton, N. C— 


264.60 




Durham, N. C 


Henderson, N. C 

Atlanta, Ga 


41.40 




Monnie, N. C - - 


14.40 




Frank llnt«>n, N.C 


Loulbburg, N. C 


10.00 




Moneure, N.C 


Pltt8boro,N.C 


12.20 




Raleigh, N.C 


Gibson, N.C 


106.78 




RalelKh, N.C 


Weldon,N.C 


96.20 


. 


Ridge way, N.C 


Petersburg, Va 


7.00 




Lewistou.N.C 


State Line, Va 


82.30 




Weldon,N. C 


Portsmouth, Va 


18.20 




Hamlet, N.C 


Cheraw, 8.C . .. 


7.00 




Bridge 




2.40 










Miscellaneous Roads- 


611.62 


Aberdeen and Ashboro 


Aberd»*en. N.C 

West End, N.C ._ 


Ashboro, N. C 

Jackson Springs*, N. <;. 


66.00 


Aberdeen and Ashboro 


4.10 


Aberdeen and Ashboro. 


Junction, N.C 


Mount Gllead, N.C 

Terminals 

Morehead City, N. C— 


20.75 


Aberdeen and Rock Pish 


Aberdeen, N. C ^ 

Goldsb<iro, N. C 


42.00 


Atlantic and North Carolina— 


96.00 


Atlanta. Knoxville and Northern 


Murphy, N.C 


Marietta, Ga . 


18.10 


Caldwell and Northern 


Lenoir, N. C 

Apex, N.C_. 


CollettsvlUe, N. C 

Angler, N. C 


10.00 


Cape Fear and Northern 

Carolina and Northern 


20.00 


Lumberton, N.C 

Lenoir, N. C 


Marion, 8. C 


20.70 


Carolina and Northwestern. 


Chester, 8.C 


72.80 


Carthage.- 


Cameron, N.C 


Halllson, N.C 


18.60 


Cashie and Chowan. 


Howard, N. C 


Towards Chowan RIv- 

er.N.C. 
St. Johns, N.C 


12 00 


Chowan and Aulander 


Winlon, N.C 


12.00 


Durham and Charlotte 


Gulf, N.C 


Star, N. C 


88.75 


East Carolina 


Tarboro, N. C 


Farmvllle.N.C 


24.52 



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RAILROAD MILEAGE AND TERMINALS. 



RAILROAD MILEAGE AND TERMINALS-Coiitliiaed. 



Name of Road. 



Terminals. 



From— 



To- 



Mileage 

In 

North 

Carolina. 



Mlaoellaneoos Roads— Continued. 

East Tennessee and Western North 

Oarolina. 
Egypt 



Lawndale 

Linvllle River 

Mount Airy and Eastern 

New Hanover Transit Company... 
Norfolk and Southern 



Norfolk and Western— 

Roanoke and Southern Division. 

Lynchburg and Durham Dlv 

Northampton and Hertford 

Raleigh and Cape Fear 



Red Springs and Bowmore 

Suffolk and Carolina 

Transylvania 

Warrenton 



Washington and Plymouth 

Wellington and Powellsville« 

Wilmington Sea Coast 

Total : 



Cranberry, N. C 

Cumnock, N. C 

Schencks, N. C 

Cranberry, N. C 

Mount Airy, N. C 

WUmlngton, N.C 

Bell Haven. N.C, via 
Edenton,N.C. 

Win8ton-8alem,N. C. 

Durham, N. C 

Gumberry, N. C 

Raleigh, N. C 



Red Springs, N.C 

Centre Hill, N. C 

Hendersonville, N. C. 
Warren Plains, N. C. 

Washington, N.C 

WeUington,N.C 

Wilmington, N.C 



Johnson City, Va. 

Colon, N. C 

Lawndale, N. C 

Saginaw, N.C 

KIbler, Va 

Carolina Beach, N.C. 
Norfolk, Va 



Roanoke, Va 

Lynchburg, Va.. 

Jackson, N. C 

Sippahaw, N. C_ 

Wagiam, N.C 

Suflblk, Va 



Tozaway, N. O 

Warrenton, N. C. 
Plymouth, N. C.- 
Windsor, N.C 

Ocean 



Grand total. ^ 



S.00 
8.00 
9.00 

12.00 
6.00 
4.00 

88.27 

45.66 
41.00 

7.84 
18.50 
2L00 
24.00 
80.87 

8.00 
88.20 
24.00 
11.81 
841.21 
8,088.81 



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DECISIONS 

AND 



ADJUSTMENT OF COMPLAINTS 



The following are complaints for failure of defendant railroad companies to 
procure and supply cars for the prompt transportation of freight: 

Wilson Lumber Company vs. Carolina and Northwestern Railroad Company. 

H. J. Booker & Son vs. Seaboard Air Line Railway Company. 

Mount Airy Furniture Company vs. Southern Railway Company. 

W. C. Moore & Co.- vs. Carolina and Northwestern Railroad Company. 

Wilson Lumber Company vs. Carolina and Northwestern Railroad Company. 

D. C. McNeill vs. Seaboard Air Line Railway Company. 

Mount Airy Furniture Company vs. Southern Railway Company. 

Wilson Lumber and Milling Company vs. Caldwell and Northern Railroad 
Company. 

J. M. Bernhardt vs. Carolina and Northwestern Railroad Company. 

J. W. Burney vs. Seaboard Air Line Railway Company. 

Fleetwood & Jackson vs. Norfolk and Southern Railroad Company. 

Fleetwood & Jackson vs. Norfolk and Southern Railroad Company. 

Ashcraft vs. Seaboard Air Line Railway Company. 

Cashwell vs. Seaboard Air Line Railway Company. 

Wyatt vs. Southern Railway Company. 

Mimick vs. Southern Railway Company. 

Johnson & Co. vs. Seaboard Air Line Railway Company. 

Upchurch & Co. vs. Seaboard Air Line Railway Company. 

The Brldger Company vs. Seaboard Air Line Railway Company. 

Joe M. Smith vs. Seaboard Air Line Railway Company. 

The Madison Grocery Company vs. Southern Railway Company. 

J. M. Bernhardt vs. Carolina and Northwestern Railroad Company. 

Southern Lumber Company vs. Southern Railway Company. 

Williams & Bro. vs. Cape Fear and Northern Railroad Company and Seaboard 
Air Line Railway Company. 

W. N. Cooper vs. Southern Railway Company. 

Referring to the above complaints of the failure of the defendant railroad com- 
panies to provide cars for the prompt movement of freight, many complaints of 
Inadequate transportation facilities have been filed by shippers, reciting their 
inability to procure cars for the prompt transportation of their freights. The 
c&uses of some of these complaints have been removed with reasonable prompt- 
ness, upon the matter being brought to the attention of the proper railroad 
ofllcial; others have not, and the ofllcials of these companies have been advised 



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COMPLAINTS AND DECISIONS. 5 

that it is the duty of railroad companies to furnish cars and transportation 
facilities to their patrons. Shippers have also been advised that the statute laws 
provide penalties and damages for the failure of railroad companies to receive 
and forward freight tendered, but that it is a matter over which the Commission 
has no control, and that their remedy for damages that may have been sustained 
is by suit against the road. 



IN THE MATTER OF PASSENGER RATES OVER THE SOUTHERN 

RAILWAY. 

This was a matter of investigation on the part of the Commission with a view 
of having the Southern Railway put in effect, over all of its roads in North Caro- 
lina, including branch lines, a uniform passenger rate — ^the Commissioners' 
Standard Tariff, to-wit: First Class, 3% cents per mile; Second Class, 2%. cents 
per mile. 

Several hearings were had, at which J. M. Culp, TrafDc Manager of defendant 
railway company, appeared each time and was heard, his contention being that 
the reduction proposed was too great, and the loss in revenue that would follow 
would be considerable, and one which his road should not be required to bear, 
inasmuch as the passenger traffic over several of the branch lines was done at a 
loss. 

The Commission, after careful consideration, was of the opinion that the pro- 
posed reduced rates were not unreasonable and should be put in effect. Where- 
upon, J. M. Culp, Traffic Manager, agreed for his company to yield to the wishes 
of the Commission and apply the Commissioners' Standard Tariff to all roads of 
the system in North Carolina. 



HEATH-REID JOBBING AND COMMISSION COMPANY 

versus 

SOUTHERN RAILWAY COMPANY. 

Complainants in this case allege that they are cotton merchants, doing business 
In the city of Charlotte, in competition with other dealers, and that defendant 
railroad company has built a compress at Charlotte and leased same to certain 
cotton firms of the city, and, by reason of this, complainants are discriminated 
against in the freight rates on cotton, especially from points south of Charlotte, 
in that shipments can be unloaded at Charlotte compress and re-shipped through 
to destination — Norfolk or elsewhere — at a continuous through rate. Complain- 
ants allege that, as patrons of defendant company, they applied for the same 
privileges as granted their competitors, but were refused. 

Complaint was served and answer filed through A. B. Andrews, First Vice- 
President of defendant company, saying that it was true that his company had 
leased its compress at Charlotte to certain parties, but that his company had no 
control whatever over same, or the warehouse space therein, and that his com- 
pany did not discriminate against complainants in their freight charges on ship- 
ments of cotton. 



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6 N. C. CORPORATION COMMISSION. 

This case was set for hearing, and, after careful consideration, the Commission 
ooncluded that the subject-matter of the complaint was one In which It could not 
take jurisdiction or grant the relief asked. Case dismissed. 



STANDARD POLE AND TIE COMPANY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complaint of failure on part of defendant railroad company to allow Its cars 
loaded with poles to go beyond the terminus of Its own lines. Complainant Is a 
large shipper of poles and ties, and alleged that he had on hand several hundred 
cars for shipment to Tampa, Fla., and St Louis, Mo., but that the rule of defend- 
ant, prohibiting Its cars from going beyond the terminus of its road, causing 
cars to be unloaded and loaded to other cars of connecting lines, was not only 
ezpenslye, but caused an Increased freight rate. 

Defendant, answering this complaint, said: **h8L8t year we permitted our flat- 
cars to go through to destination with shipments of these polls and the result 
was that our line was about denuded of flat-cars; this in face of the fact that we 
were continually building and buying new flat-cars, have been for the last twelve 
months, and are still building. We are prepared to handle them to the end of 
cor line." 

At a session of the Commission, this case was called, and, it appearing that 
the subject-matter was one In which the Commission could take no Jurisdiction, 
was dismissed. 



IN THE MATTER OF ACCIDENT TO TRAIN ON THE ROAD OF SEABOARD 

AIR LINE RAILWAY COMPANY, TUESDAY, JULY 5, 1902, 

RESULTING IN LOSS OF LIFE. 

This Investigation was made under authority granted by Section 24 of the Act 
creating the Commission, which provides as follows: 

«The Commission may Investigate the cause of any accident of a railroad re- 
gnltlng In the loss of life, and of any accident not so resulting, which they may 
deem to require Investigation." 

The respondent company, being called upon to make a report of this accident, 
filed Its report, through D. H. Barger, Superintendent, which reads as follows: 

Seaboabd Aib Likb Railway, 
Raleigh, N. C, August 4, 1902. 
Hon. Fbankun McNeill, Chairman North Carolina Corporation Commission^ 
Raleigh, N. C. 
Deab Sib: — ^Following Instructions contained in your favor of the 24th ultimo, 
I beg to submit the following report covering the accident to train No. 84 on the 
morning of July 15th, this year, which accident occurred about two miles north 
of Raleigh yard, on the main line of this road: 

Second .No. 6, a north-bound freight train, pulled Into Raleigh yard about 
7 p. m., on the afternoon of the 14th ultimo, detached its engine, leaving Its cars 



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COMPLAINTS AND DECISIONS. 7 

standing on one of the switches just opposite the Raleigh Cotton Mill. These 
cars remained standing there, until after the departure of our train. No. 27, when 
the yard crew shifted a portion of the cars to the north end of other tracks, pre- 
paratory to making up other trains in proper order to go north by the first divl- 
sion. In doing this work a draw-head was pulled out, and the cars standing on 
the track as they came in were left in that position from the car with draw- 
head pulled out and south thereof, and were not disturbed by the shifting crew, 
or anyone else, so far as we have yet been able to find out. After the crew had 
done the shifting, as above stated, four cars were brought back and placed on the 
same track on which the rear portion of No. 6 was standing, but distant from 
the one with the broken draw-head, about 40. or possibly 50, feet These four 
cars, the front or first one on the north end being a flat, were held in place by 
hand brakes being applied, and the statement of the crew is, that all brakes were 
properly and securely put on. All of th'e side-tracks in Raleigh yard on the west 
side of the main line are protected by what is known as a derailing switch, which 
switches are always set for derailment, or at least the instructions are to that 
effect, and on this occasion they were in that position. At about 11:45 p. m., 
without any apparent cause, and without any train or engine being near these 
cars, or on the track behind them, with the exception of a dead engine, those cars 
which had been standing from 7 p. m., started out by gravity, striking the four 
cars in front, when all ran down toward the north end of the yard, gaining in 
speed each revolution of the wheels, until they struck the derailing switch, when 
the front car was derailed. This car, after being derailed, ran 100 feet, or there- 
about, when it got to the frog and the guard rail opposite same, which, acting 
Jointly, permitted the car to be re-railed, after which it ran out on the main line 
and down to a point where the accident occurred. The rest of the cars were 
considerably broken up. The track was torn up, and everything that would 
indicate what the first car had done, had been obliterated and no one knew, or 
had any means of knowing, of the fiat having gotten off the track, on again and 
out on the main line, running wild. No. 34, not knowing that the car had gotten 
away, and the yard force being equally as ignorant, the collision occurred, which 
resulted in the death of a trusted and respected employe. Following are names 
of the parties composing the crew forking on Raleigh yard: (Omitted.) 

The Commission summoned to appear before it a number of the employes conu 
posing the train crew, who were sworn and examined. Stenographic report of 
testimony filed and is of record in the office of the Commission. 



DANNENBBRG 

versus 

ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY AND 

SOUTHERN RAILWAY COMPANY. 

This was a claim for damage on account of sale of shipment of hides. Claim- 
ant alleged a shipment of hides by himself from Morehead City to consignee at 
Charlotte — "order notify '' draft attached to bill of lading. The agent of defend- 
ant company at Morehead City stated that he weighed the hides and they weighed 
668 pounds. The agent at point of destination claimed that the hides weighed 



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8 N. C. CORPORATION COMMISSION. 

only 430 pounds. Complainaiit alleged that the hides were well dried and in 
good condition, and that loss could not have heen so much; alleging further that 
they were not in bad condition, but that the agent at Charlotte refused to allow 
any examination of the hides, and sold same without notice to consignee, and 
without any order of sanitary officer. 

Defendant, Southern Railway, denied that the hides were in good order, and 
stated that they were sold under order of the sanitary officer of the city of Char- 
lotte, and that proper notices were given. There was considerable correspond- 
ence in the matter with the view of getting an amicable settlement of the matter, 
but no agreements of facts could be reached, and the defendant company refused 
to pay the damages claimed. It also appearing that the subject-matter of the 
complaint was not within the Jurisdiction of the Commission, the record of inves- 
tigation was turned over to plaintiff's attorney with the advice that his redress 
would be in the Courts. 



CHARLOTTE SHIPPERS' ASSOCIATION 

to 

THE COMMISSION. 

This was a complaint alleging that certain branch roads of the State were not 
observing Rule 28 of the Rules Qoveming the Transportation of Freight, adopted 
by the Commission, which provides that on all shipments which shall pass over 
two or more roads the maximum rates charged shall not be greater than the sum 
of the local rates, less 10 per cent, for the distance hauled over each road. 

Pending the investigation of this matter, the roads at interest petitioned the 
Commission, asking that they be exempted from the provisions of this rule. 
After careful consideration, the petition was granted in part, and order issued as 
follows: 

JoiN^r Freight Rates. 

Ordered, that the Aberdeen and Ashboro Railroad Company, the Aberdeen and 
Rockfish Railroad Company, the Carthage Railroad Company, the Cape Fear and 
Northern Railroad Company, the Raleigh and Cape Fear Railroad Company, the 
Northampton and Hertford Railroad Company, the Durham and Charlotte Rail- 
road Company, and the Carolina Northern Railroad Company, be and are hereby 
exempt from the provisions of Circular No. 28, of the Rules Governing the Trans- 
portation of Freight, requiring a reduction of 10 per cent from the Local Freight 
Tariff Rate of each road. This order not to apply to special rates, which are 
applicable to all railroads, as follows: Fertilizer Rates, Circulars No. 1-13; 
Cotton Seed and Cotton-seed Hulls, Circular No. 10; Cotton Rates, Circular 
No. 18. 



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COMPLAINTS AND DECISIONS. 9 

ATLANTIC COAST LINE RAILROAD COMPANY 
to 
THE COMMISSION. ^ 

Application to Abandon Lakewood Station. 

Petitioners in this case ask the Commission to allow the abandonment of 
Lakewood Station on the A. and Y. Division of petitioner's road, and to establish 
a station by same name at about one mile distant from the present location. 

Notice haying been posted for thirty days by petitioner that application would 
be made to the Commission for the abandonment of this station, in accordance 
with the rule of the Commission, and no objection to same having been filed, 
petition was granted. 



CHARLOTTE SHIPPERS' ASSOCIATION 

versus 

SEABOARD AIR LINE RAILWAY COMPANY AND SOUTHERN RAILWAY 

COMPANY. 

The Charlotte Shippers' Association, through its Secretary, A. G. Craig, alleged 
that for a number of years defendant railroad companies had been switching and 
transferring cars from one warehouse to another warehouse, within the city 
limits of Charlotte, for the merchants of that city, charging for this service |1.50 
per car. That defendants had recently given notice that their charges for this 
service in the future would be |4.00 per car when between points on either of 
their own lines, and |5.50 per car when car was moved from a point on one line 
to a point on another line. 

Complainants alleged further that the business interests of the city had been 
organized with the view of handling traffic by means of transferring certain 
products in freight cars, and in many instances warehouses had been constructed 
on defendants' railway tracks and in such a way as to be inaccessible by drays, 
which necessitated the handling of goods in cars, and that it is now unfair for 
the merchants and manufacturers to be compelled to pay the advanced charges 
of 14.00 and |5.50 per car when petitioners' business had been planned and ware- 
houses built with the view of paying |1.50 per car. 

Complainants alleged that this advance in rates for the service performed was 
excessive, and the shippers are adversely effected by such advance, and asked 
that the Commission issue an order compelling the defendant companies to desist 
from such excessive charges and require them to restore the old rates. 

Complaints setting forth similar charges were also filed by the shippers of 
Marion, through their attorney, D. E. Hudgins, Esq. ^ 

Defendants, in answering this complaint, said that they did not have, until a 
short while ago, a regular tariff covering the movement of cars from one private 
warehouse to afiother private warehouse, but admitted that they did, in certain 
specific cases, and as an accommodation to their patrons, undertake to perform 
such service at a nominal charge, but that the request for such movements be- 
came so numerous that they felt it necessary to adopt a regular tariff, and, in 
arriving at the figures, endeavored to fix same at the lowest rate at which they 



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10 N. C. CORPORATION COMMISSION. 

felt they could afford to perform the service, and to that end adopted a uniform 
charge as follows: "For the movement of a car from one plant or warehouse to 
another plant or warehouse, located on same line, hoth plants or warehouses be- 
ing within the switching limits, a charge of |4.00 per car. When the service re- 
quired delivery over connecting lines, the delivering line to be allowed its usual 
switching charge of |1.60, in addition to the charge of |4.00." 

Defendants alleged that at these figures there was little or no margin of profit, 
and further that this rate was lower than the five-mile-and-under rate, which is 
authorized by the Commission. 

A day was fixed for the hearing of this matter, when defendants were repre- 
sented by the Traffic Managers of their respective companies. The Commission, 
after careful investigation and consideration, concluded that the advanced rate 
of charges for the service performed was excessive, and order was issued as 
follows: 

"The following has been adopted by the Corporation Commission as Rule 35%, 
and to be added to the Rules Governing the Transportation of Freight, already 
adopted by the Commission: 

"A charge of not more than |2.00 will be allowed for moving a car, without 
regard to weight or contents, from any point on any road to a connecting road, or 
from one warehouse to another warehouse, on the same road, within the space of 
three miles beyond the starting point: Provided, that this rule shall not apply 
to cars moving from one regular station to another regular station on the same 
line: And provided further, when a car is destined to a point on a connecting 
line, which requires switching, an additional charge of |1.50 may be made for 
switching. 

"Effective at once." 



THE WILMINGTON STREET RAILWAY COMPANY 

to 

THE COMMISSION. 

This was a petition on part of petitioners, asking that the Commission grant a 
postponement of the time for vestibuling their cars, alleging as follows: 

I. That on the 22d &ay of October, 1901, the Wilmington Street Railway Com- 
pany, having its place of business in the city of Wilmington, N. C, was sold 
under a decree of foreclosure duly made by the Circuit Court of the United 
States, and purchased by the petitionera 

II. That for some months prior to the said sale the said company had been in 
the hands of a receiver, duly apiM>inted by the said Circuit Court of the United 
States, in a cause in* equity there pending, for the foreclosure of a mortgage of 
all the rights, property, franchises, etc, of the said company. 

III. That the deed to your petitioners for the said property, franchises, etc., of 
the said company was not executed until the 16th of November, 1901, and that 
your petitioners have not as yet been in a position to reorganize the said com- 
pany, as required by the statute law of the State. 

IV. That, upon coming into the possession of the premises of the said com- 
pany, your petitioners find that no provision had been made for vestibuling its 



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COMPLAINTS AND DECISIONS. 11 

said cars, as required by the statute, and that in the short time which has elapsed 
since they came into possession of the said road, owing to the many burdens and 
difficulties acquired by them with the said purchase, they have been unable to 
comply with the statute and the rules and regulations of this Commission. 

Wherefore your petitioners pray, that the Commission will postpone the time 
for your petitioners to vestibule the said cars until November, 1902, in order to 
give your petitioners ample time to do the work, and to avoid the hardship and 
Inconvenience to the traveling public, which will be necessitated by their at- 
tempting the work at the present time, and grant them exemption for such 
period. 

A day was set for hearing of the petition, at the office of the Commission, In 
Raleigh, and, after hearing of argument and careful consideration, it was ordered 
that the petition be g^nted. 



CANNON, FBTZER ft COMPANY 

versus 
SOUTHERN RAILWAY COMPANY. 

Complainants in this case alleged overcharges and discrimination. Upon re- 
ceipt of the complaint, complainants were advised that, if they would inform 
the Commission of such charges as were made by defendant and furnish such 
information as necessary to an investigation, the matter would have immediate 
attention. 

No reply having been received to this communication of the Commission, case 
was dismissed. 



STILLEY 

versus 

OLD DOMINION STEAMSHIP COMPANY. 

Complaint of excessive freight charge on shipment of pony from Ocracoke to 
Washington. Upon investigation, it appearing that the charge was in line with 
tariff allowed defendant, case was dismissed. 



R. a. AUSTIN 

versus 

NORTH CAROLINA CAR SERVICE ASSOCIATION. 

Complainant in this case alleged a storage charge on a shipment of freight^ in 
which an erroneous freight charge was demanded, and which he refused to re- 
ceive same until freight charge, as demanded, was corrected to proper amount 

After correspondence and personal Interview with P. R. Albright, manager of 
defendant company, it appearing that the freight charge demanded was in excess 
of the proper charge and the delay in removing the freight was not any fault or 
negligence of plaint, the Commission was of the opinion that the storage col- 
lected should be refunded, and so ordered. 



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12 N. C. CORPORATION COMMISSION. 

CITIZENS OP MURPHY 

versus 

ATLANTA, KNOXVILLE AND NORTHERN RAILWAY COMPANY. 

Complaint of passenger train service and condition of road-bed on the Murphy 
Division of defendant's road. 

The testimony in this case was heard by the Court, at Murphy, on the 30th day 
of April, 1902, at the request of both parties and for the convenience of wit- 
nesse& The plaintiffs were represented by Messrs. Dillard ft Bell, and the 
defendant by R. N. Cooper, Esq. 

The members of the Commission inspected Comb's trestle and the roadway. 

It appears to the Commission, from complaint, answer, proofs and inspection, 
that several of the grievances existing at the date of filing complaint had been 
remedied by the defendants before the hearing at Murphy. For example, the 
shifting and switching at Blue Ridge by the crew of the Murphy train, whereby 
the schedule from Blue Ridge to Murphy was broken and passengers were unduly 
delayed, had been remedied and the schedule is now observed. The moving of 
oars ahead of the engine and of freight and fiat-cars behind passenger cars for 
distribution between Blue Ridge and Murphy had been discontinued. The pas- 
senger coach complained of in complaint had been taken off and^ a satisfactory 
coach put in its place, and this coach is now kept neat and clean. 

It further appeared to the Commission that Comb's trestle is in need of repairs, 
and that the condition of the track and roadway should be improved, and 

It is ordered, that defendants report to this Commission on or before August 
1, 1902, what has been done since the 30th day of April, in the way of repairing 
Comb's trestle and Improving the track of said road, and this cause is continued 
for further orders. 



CITIZENS OF HICKORY 

versus 

SOUTHERN RAILWAY COMPANY. 

This was a complaint and petition signed by the citizens of Hickory, alleging 
that for several weeks the condition of defendant company's siding for unloading 
cars was such that it was impossible to get to the cars, for the reason that iron 
for the narrow-gauge road had been unloaded upon the depot grounds. 

Petitioners alleged that they were caused great inconvenience by reason of 
this, and asked that the Commission take such steps as necessary to have the 
abuse complained of remedied. 

Complaint was served and answer in due course was filed, through A. B. 
Andrews, First Vice-President of defendant company, saying that the complaint 
should have been addressed to the Carolina and Northwestern Railroad Com- 
pany, a connecting line at Hickory, which company was responsible for the 
blocked condition of siding at that point, in that such company had failed to re- 
move large quantities of rail, angle bars, and other construction material be- 
longing to said Carolina and Northwestern Railroad Company, but that he had 
taken the matter up with the manager of the Carolina and Northwestern Rail- 
road Company, requesting Immediate relief. 



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COMPLAINTS AND DECISIONS. 1? 

The case was called at a subsequent session of the Commission, and, it appear- 
ing that the relief asked for had been granted and that complainants were having 
no difficulty in reaching cars for unloading and loading freights, and no further 
action being desired, case was dismissed. 



DENNIS SIMMONS LUMBER COMPANY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complainants in this case alleged that they had a saw-mill plant at Elm City, a 
station on line of defendant's road, between Rocky Mount and Wilson, and that 
defendant company had no facilities for weighing lumber at the point of ship- 
ment; that they desired to prepay their freight, but on account of not having the 
facilities, had to wait until same was delivered at Pinner's Point and weights 
reported by agent to agent at Elm City, thus causing delay in making out bills to 
customers often times from three to five days. 

Complainants alleged further that they paid to the defendant company freight 
approximating $100.00 a day, and that the failure to provide scales for weighing 
this lumber promptly caused great inconvenience and loss, and demanded that 
defendant company be required to provide scales at Elm City for weighing and 
ascertaining proper weight of shipments tendered. 

Complaint served and defendant, answering, through its General Manager, 
J. R. Kenly, said: "It is not our practice to furnish track scales for lumber 
mills on our line. We have scales located at our principal terminals and inter- 
mediate terminals, where it is our practice to weigh car-loads of freight. Com- 
plainant has generally shipped to Pinner's Point, and, as soon as their lumber 
reaches there, it is weighed and the weights sent to their company at Elm City. 
Ordinarily, the lumber which leaves their mill in one day reaches Pinner's Point 
the next morning, so that there should be no unreasonable delay in furnishing 
them the weights, which can be done by telegraph. We regard this as an un- 
reasonable request. You can well understand that if we were required to put in 
track scales at all saw-mills along our line, the expense would be greater than 
we could bear, as track scales cost in the neighborhood of |1,000." 

A day was fixed for the hearing of this case at the office of the Commission, at 
which time John D. Biggs, representing complainants, and R. E. Smith, Assistant 
General Manager, representing defendant, appeared, and, after having a confer- 
ence with each other before the case was called, a satisfactory agreement was 
reached as to the manner of weighing complainants' lumber, and by consent of 
both parties case was withdrawn. 



CITIZENS OF CHERRYVILLE 

versus 

SEABOARD AIR LINE RAILWAY COMPANY. 

This was a complaint of failure of defendant company to provide a waiting- 
room at Cherryville station for the colored race. 

Complaint served and defendant answered that a waiting-room would be pro- 
Tided at once. No further redress being asked, case was dismissed. 



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14 N. C. CORPORATION COMMISSION. 

C. L. MURPHY 

versus 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Complainant In this case alleged an excessive passenger charge, in that a rate 
of 3% cents per mile for first-class fare, and 3 cents per mile for second-class 
was charged over the branch roads of the Atlantic Coast Line Railroad Company. 

The Commissioners addressed a communication to the Traffic Manager of the 
defendant company, stating that Inasmuch as the roads formerly composing the 
Atlantic Coast Line System had now been consolidated into one road, namely, 
Atlantic Coast Line Railroad Company, the same tariff should apply over all 
parts of the roads; that is, the Commissioners' Standard Tariff — 3% cents per 
mile for first-class fare, and 2% cents per mile for second-class fare. 

A hearing was granted, and, after careful consideration, it was ordered, that 
the Commissioners' Standard Passenger Tariff be applied over all the roads and 
divisions composing the Atlantic Coast Line Railroad Company in North Caro- 
lina. 



G. W. MOORE & CO. 

to 
THE COMMISSION. 

Petitioners alleged that they were engaged in the manufacture of sawed lum- 
ber and excelsior, at Bryson City, N. C; that there was no market for said com- 
modities where the same was manufactured, and that the said petitioners were 
compelled to ship their products for the purpose of marketing to points at a 
distance from the place on the line of the Southern Railway, this being the only 
line of railway through or near Bryson City; that the freight rate charged on 
excelsior is unjust and excessive, when compared to other commodities of like 
nature and value; that, on account of such excessive rates, petitioners were un- 
able to compete with other manufacturers of excelsior who are more fortunately 
situated, and, unless they were given a more reasonable rate, they could not 
continue the manufacture of excelsior with any profit to themselves. The com- 
plainants further alleged that the freight rate on excelsior should not exceed the 
i;^te on cotton-seed hulls, or that of lumber. 

Defendants, the railway companies, in their answer, said: "Excelsior, in the 
classification, takes "D" rating, and that th6re are no commodity rates in 
North Carolina, and, with the exception of a plant at High Point, excelsior is not 
manufactured in this State, hence, there is no demand for an adjustment of. rate 
on this commodity. You will readily see that a comparison between the rate on 
cotton-seed hulls and rate on excelsior is not pertinent — ^first, because there is no 
movement of hulls from Bryson City; second, there is no competition between 
these two articles; third, the character of the commodities is entirely different, 
and the volume of tonnage of cotton-seed hulls is very greatly in excess of the 
tonnage of excelsior. Excelsior will not load as heavy as lumber — ^lumber will 
average at least 40,000 pounds per car; excelsior, say 20,000 pounds. The com- 
plainants w«uld have little difficulty in disposing of their produce but for the 
local competition." 



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COMPLAINTS AND DECISIONS. 



16 



The Commission, after careful consideration, was of the opinion that the 
classification of excelsior should be reduced, and an order was issued fixing a 
rate on this commodity applicable to all roads in the State, as follows: 

EXOBLSIOB— PRBSSSD IN BALES, PER CAR, 20,000 POUNDS, EXCESS IN PROPORTION. 



Smiles 


18.80 


100 miles 


120.90 


lOmllM 


9.90 


110 miles 


20.90 


15milefl 


11.00 


120 miles 


22.00 


20 miles 


11.00 


180 miles 


22.00 


35 miles 


12.10 


140 miles.-.. 


28.10 


SO miles 


18.20 
16.40 


150 miles 


28.10 


«5mn«» .... .. 


leo miles.... 


26.40 


4D miles- 


15.40 


170 miles 


27.60 


4BmUe8 


17.60 


180 miles 


28.60 


60 miles 


17.00 


190 miles 


29.70 


S6 miles 


18.70 
18.70 


200 miles.. 
210 miles 


80.80 


» miles . . 


80.80 


Smiles 


18.70 


220 miles. 


81.90 


TO miles 


18.70 


280 miles 


81.90 


75 miles 


19.80 


210 miles 


88.00 


80 miles 


19.80 


250 miles 


88.00 


85 miles 


19.80 


200 miles 


84.10 


no miles 


19.80 
20.90 


€70 miles.... 


5U in 


•Smiles 





SOUTHERN RAILWAY COMPANY 

to 

THE COMMISSION. 

This was a petition asking for the exemption of certain branch lines of peti- 
tioner's road from the Act of General Assembly providing for the separation of 
the white and colored races on trains carrying passengers in this State. Petition 
read as follows: , 

The petition of Southern Railway Company, filed before this honorable body, 
asking for exemption and instructions under the Act of said State, passed to 
promote the comfort of travelers on railroad trains, and for other purposes, rati- 
fied the 4th day of March, 1899, amended on the 20th day of February, 1901. 

The railway company is advised that Section 2 of the original Act, as 
amended, should read as follows: 

"The Railroad Commissioners of this State, or the officers succeeding to their 
powers, are hereby authorized to exempt from the provisions of this Act branch 
line, narrow-gauged railroads and mixed trains, carrying both freight and pas- 
sengers, if, in their Judgment, the enforcement of this Act be ufinecessary to 
secure the comfort of passengers by reason of the light volume of passenger 



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16 N. C. CORPORATION COMMISSION. 

traffic, or the small number of colored passenger travelers on such narrow- 
gauged or branch lines, or milxed trains, carrying both freight and passengers." 

From the above it is obvious that the Legislature of said State foresaw the 
unnecessary hardships and expenses that would be thrown upon the railroad 
companies in the State by a literal compliance with the original text of the bill, 
and for this reason a discretion was given to your honorable body to adjust this 
burden so that the general objects of the bill might be attained without un- 
necessary burden upon the roads. 

We desire to carry out the Act in the best of good faith, and appeal to your 
discretion to exempt — 

1. All trains on the Chapel Hill Branch, These trains are all mixed service^ 
and are run by the Southern Railway Company almost solely for the accommoda- 
tion of the people needing such service. 

2. On the Atlantic and Yadkin Branch, Exempt mixed trains Nos. 18 and 19,. 
between Sanford and Mount Airy; trains Nos. 46 and 47, between Stokesdale and 
Ramseur. These are mixed trains with very light passenger travel. 

3. On the Wilkesboro Branch, Exempt trains Noa 105 and 110, between Win- 
ston-Salem and Wilkesboro, on account of light travel using that service. Elxempt 
trains Nos. 155 and 156, between Greensboro and Wilkesboro, same being mixed 
service. 

4. All trains on Ashehoro Branch, Account of light travel and mixed service. 

5. Trains 11 and 12, and J^l and ^2, between Qreenshoro and Goldshoro, these 
being mixed trains. 

6. Trains 29, 30, 33, 3^, S5, 36, 37, 38, 39, 40 and 31 and 32, when on, account 
same being our fast through trains, making few stops, and intended not to 
handle local travel, between Danville and Charlotte. These trains are not in- 
tended to stop at our local stations, but in order to accommodate the public and 
meet competition with other through lines, are compelled to make the greatest 
speed practicable with safety, and negroes very seldom patronize the same. 

7. Keysville and Durham Branch, Exempt trains Nos. 71, 74, and 61 and 62, 
the same being mixed service. 

8. Oxford and Henderson Branch, Exempt all trains between Oxford and 
Henderson, as they are mixed service only. 

9. Asheville Division, between Salisbury and Asheville. Exempt trains 35 
and 36, same being fast through trains, making few stops, and not used for local 
travel, having little or no patronage from negroes. 

10. All trains on Murphy Branch, There is very little colored travel in that 
region, and 'the grades are so heavy that the company can not safely handle an 
additional coach. 

11. Between Charlotte and Statesville, Trains Nos. 23 and 24. There is very 
little travel on these trains, and they were put on recently simply to form a con- 
nection with fast through trains Nos. 35 and 36. 

12. Between Statesville and Taylorsville. Trains Nos. 16 and 17, the same be- 
ing mixed. 

13. Between Salisbury and Norwood, Trains Nos. 21 and 22, the travel thereon 
being very light, and same only run for the accommodation of the people; also,, 
trains Nos. 47 and 48, the same being mixed. 



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C0MPLA1NT8 AND DECISIONS. 17 

14. Between Winston and Mooresville. Trains Nos. 115 and 116. the travel on 
same being very light, and run simply for the accommodation of the people. 

15. Between Winston and Charlotte, Trains Nos. 80 and 81, the same being 
mixed. 

We ask your early consideration and decision on this application, and if you 
so desire the company will be glad to furnish you the fullest information as to 
the character of the trains and the service they do by some officer of the company 
having knowledge of all necessary information. 

The Commission, after careful consideration, granted the petition, and so 
ordered. 



BERNHARDT i 

versiLS 
CALDWELL AND NORTHERN RAILWAY COMPANY AND CAROLINA AND 
NORTHWESTERN RAILWAY COMPANY. 

Complainant in this case alleged an erroneous charge of 25 cents per car on 
car-loads of lumber, collected for cars while held for unloading, in addition to 
charges beyond the usual time allowed for unloading. 

It appeared, after much correspondence in this case, that defendant was charg- 
ing complainant 25 cents more than the rule allowed, by reason of the manner 
of computing time, and it was ordered that the defendant, Caldwell and North- 
ern Railway Company, should refund the complainant the charge of 25 cents on 
such cars in which there was no delay, and desist in the future from making 
such charge. 



SCROGGS 

versus 

SOUTHERN RAILWAY COMPANY. 

This was a complaint of facilities at Morganton, a station on line of defendant 
road, for the unloading of car-loads of coal. Petitioner asked that defendant be 
required to extend its siding and build a coal chute. 

This matter was taken up by correspondence with F. S. Gannon, Vice-President 
of defendant company, and, after much correspondence, he agreed that his com- 
pany would build, at its own expense, a coal trestle necessary for the convenience 
of unloading coal, as set out in the petition. No further relief being demanded 
by petitioner, case was dismissed. 



CITIZENS OF BECK 

versus 

SOUTHERN RAILWAY COMPANY. 

This was a petition by citizens living at and in the neighborhood of Beck, a 
station on the Mocksville branch of defendant road, asking for the building of a 
depot and the establishment of an agency. 

1 2 



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IS N. C. CORPORATION COMMISSION. 

Petitioners alleged that a very large area of country would patronize and 
would be convenienced by the establishment of a regular station with accommo- 
dations at said Beck station. 

Defendant, in Its answer to the petition, said that trains were stopped at the 
point referred to for special accommodation for the few people to be benefited 
thereby, and not because the business warranted same. Defendant alleged fur- 
ther that the revenue derived from both freight and passenger service for the 
previous 12 months was less than $250. 

After further investigation, it appearing that the business that would be 
oftered at this station would not be sufficient to justify the establishment of a 
depot and agency, and it further appearing that there was a regular depot with 
freight and passenger accommodations within five miles of this place, the case 
was dismissed. 



GOLDSBORO BUGGY COMPANY 

to 

THE COMMISSION. 

This was a petition of the Goldsboro Buggy Company, asking that the classifi- 
cation on buggies in car-load lots be reduced from first-class to third-class. Peti- 
tioners alleged that common furniture in North Carolina is classified at third- 
class, and that a car-load of same will exceed in value that of a car-load of bug- 
gies, while buggies are classified as first-class. 

After correspondence with petitioners and the defendants, the railroad com- 
panies, and before hearing of petition, the Commission was notified of the with- 
drawal of the petition by petitioners. Permission to withdraw being granted, 
further consideration of the subject-matter of the petition was closed. 



Fulton vs, Norfolk and Western Railroad Company. Complaint of train 
connection at Walnut Cove. Dismissed. 

A. H. Slocomb vs. Seaboard Air Line Railway. Complaint of the freight rate 
on stave timber and logs. Adjusted. 

SOUTHERLAND & Co. V8. ATLANTIC COAST LiNE RAILROAD COMPANY. Complaiut 

of over-charge on shipment of apples. Dismissed. 

ATLANtic Coast Line Railroad Company to The Commission. Application to 
apply reduced rate on shipment of lumber for manufacturing plant at Fayette- 
ville. Granted. 

Hickory Milling Company vs. Southern Railway Company. Application for 
milling in transit rates on grain. Dismissed. 

Hutton & BouRBONNAis VS. SOUTHERN RAILWAY COMPANY. Complaint of over- 
charge. Adjusted. 

Acme Manufacturing Company vs. Seaboard Air Line Railway. Complaint 
of over-charge on shipment of fifty barrels of lampblack. Claim allowed and 
over-charge refunded. 



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COMPLAINTS AND DECISIONS. 19 

McKiNNON V8. NoBTH Cabolina Cab Sbbvicb Association. Complaint of exces- 
sive storage charges on car-load shipment of cotton. Adjusted. 

Best & Cook V8, Atlantic Coast Line Railboad Company. Petition for siding. 
Dismissed. 

Henby Kibby vs. AtlanTtic Coast Line Railboad Company. Petition for a flag 
station. Dismissed. 

Sea well vs. Southebn Railway Company. Complaint of over-charge in 
freight rate on horse. Claim allowed and over-charge refunded by defendant. 

Maddbey vs. Southebn Expbess Company. Complaint of refusal of Express 
Company to receive packages after departure of trains. Adjusted. 

Southebn Railway Company to The Commission. This was an application on 
part of petitioner, asking authority to grant one-half freight rate from Raleigh 
to Oxford on engine for Oxford Orphan Asylum. Granted. 

Southebn Railway to The Commission. Application of petitioner to authorize 
one-half freight rate on shipment of 11,000 pounds of sheet tin, donated to the 
Oxford Orphan Asylum by the Blackwell-uurham Tobacco Company. Granted. 

CooPEB vs. Southebn Expbess Company. Complaint of discrimination in 
freight rates. Adjusted. 

Seaboabd Aib Line Railway to The Commission. Application of plaintifit for 
authority to apply reduced freight rate on engine, boiler, etc., moving from 
Creedmore to Clay, on account of establishing a new saw-mill plant. Granted. 

Sandebs vs. Atlantic and Nobth Cabolina Railboad Company. Complaint of 
excessive freight rate on package shipments from New York to Morehead City. 
Dismissed. 

Owens Bbos. vs, Southebn Railway Company. Complaint of damage to ship- 
ments of stoves on account of breakage. Claim for damage paid by defendant 
and case closed. 

Seaboabd Aib Line Railway to The Commission. This was an application on 
the part of petitioner, asking that the Commission authorize the refunding of 
one-fourth the freight charges on shipments of brick and building material for 
the rebuilding of stores and warehouses destroyed by fire at Laurinburg. Granted. 

HuGGiNS vs. Southebn Railway. Claim for over-charge. Adjusted. 

White Fubnitube Company vs. Southebn Railway Company. Complaint 
alleging that defendant company had changed its classification on common furni- 
ture, thereby causing an increase in the freight rate. Adjusted. 

Hathaway vs. Nobfolk and Southebn Railboad Company. Complaint of ex- 
cessive freight rate and over-charge on shipment of printed matter. Over-charge 
refunded and case closed. 

Phillips vs. Southebn Expbess Company. Claim for damage to pictures 
shipped from Baltimore to Hillsboro. Claim allowed and paid by defendant. 



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20 N. C. CORPORATION COMMISSION. 

Caldeb Bbothebs v8, Seaboabd Aib Line. This was a claim for over-charge, 
amounting to $210.88, on various shipments of fertilizers. Over-charge allowed 
and ordered refunded. 

John F. McNaie vs. Seaboard Aib Line Railway. This was a complaint of 
discrimination against Laurinburg, N. C, in favor of Wilmington, N. C, on car- 
load shipments of flour from Nashville, Tenn., to Laurinburg, N. C. This was a 
shipment of interstate commerce, but it appeared to the Commission that Laurin- 
burg was discriminated against, in that the freight rate charge was in excess of 
the combination on Wilmington, the farther distance point This being a matter 
in which the Commission could take no jurisdiction, it was referred to the Inter- 
state Commerce Commission for redress. 

TOMLINSON ChAIB MANUFACTURING COMPANY 'V8. SOUTHERN RAILWAY COMPANY. 

This was a claim of over-charge on shipment of furniture from Boston, Mass., to 
High Point, N. C. Upon investigation it appeared that this shipment was one of 
interstate commerce and the rate of freight charged was as filed and approved 
by the Interstate Commerce Commission and case was dismissed. 

Piedmont Wagon Company vs. Southern Railway Company. Complaint and 
claim for over-charge. Adjusted. 

Rocky Mount Mills vs. Atlantic Coast Line Railroad Company. Complaint 
of change in freight rate on cotton. Adjusted. 

Fred. Oliver vs. Charlotte ^Jlectric Railway, Light and Power Company. 
Complaint of arbitrary rules of defendant company in regard to the (^Uectlon of 
light bills. Dismissed for want of jurisdiction. 

Nanney & Morris vs. South Carolina and Georgia Railroad. Complaint of 
excessive passenger tariff. Adjusted. 

W. B. Ferguson vs. Southern Railway Company. Complaint and claim for 
over-charge on shipment of desks. Adjusted. 

Patton vs. Southern Railway Company. Complaint of passenger train ser- 
vice. Dismissed. 

Citizens of Waynesville vs. Southern Railway Company. This was a peti- 
tion asking that defendant company be required to operate a Sunday train on the 
Murphy branch of defendant's road, between Asheville and Bryson City. 

Startown Nursery Company vs. Southern Railway Company and Carolina 
AND Northwestern Railroad. Complaint of freight service. 

Merchants' Grocery Company vs. Southern Railway. Complaint of dis- 
crimination in freight rates. Adjusted. 

Smith & Gilchrist vs. Atlantic Coast Line Railroad Company. Application 
for change in freight rate on acidulated rock. 

A. S. Speer vs. Southern Railway Company. Petition asking for the estab- 
lishment of depot agency. Dismissed. 

W. O. RiDDicK vs. Western Union Telegraph Company. Complaint of over- 
charge on telegraphic message between Wake Forest and Elizabeth City. Over- 
charge refunded and case closed. 



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COMPLAINTS AND DECISIONS. 21 

Murdoch Wiley vs. Southern Railway Company. This was a complaint 
against defendant for failure to weigh car-load shipments of coal. Complainant 
was advised that it was the duty of the railroad company to weigh shipments of 
coal, if possible, and if actual weights could not be ascertained, then estimated 
weights should be as per schedule, Rule No. 20. This appearing satisfactory to 
the complainant, the case was dismissed. 

Washington and Plymouth Railroad Company to The Commission. Applica- 
tion for exemption from the provisions of the Act requiring separate accommoda- 
tions on its passenger trains between Washington and Plymouth. Granted. 

Washington and Plymouth Railroad Company to The Commission. Comes 
the Washington and Plymouth Railroad Company, upon the request of the Com- 
mission, and submits a passenger and freight tariff, as follows: Passenger 
Tariff, one fare, rate of 3 cents per mile; Freight Tariff. Commissioners' Stan- 
dard Tariff. Approved. 

R. J. Gaston vs. Sol^thern Railway Company. Complaint of discrimination 
in the application of milling in transit rates. Adjusted. 

Burke Tanning Company vs. South Carolina and Georgia Railroad Company 
and Southern Railway Company. Claim for over-charge In freight rate on 
shipments of tan bark. Over-charge refunded and case dismissed. 

C. S. Williams vs. Seaboard Air Line Railway. Complaint of failure of de- 
fendant to furnish freight rates and move freight promptly. Adjusted. 

Templeton vs. Southern Railwaj Company. Complaint of the failure of de- 
fendant's agent at Cary to provide fires and keep waiting-room comfortable. 
Adjuisted. 

John H. Pearson vs. North Carolina Car Service Association. Complaint of 
storage charges. Dismissed. 

North Carolina Corporation Commission vs. Southern Railway Company. 
Complaint of passenger train service on the Murphy Division of defendant's road. 
It appeared in this case that much delay was occasioned to the passenger train 
on account of such train doing a freight business. Defendant company was ad- 
vised that the passenger service should not be diminished by the handling of 
freight cars, but that this service should be performed by defendant's freight 
trains. 

John H. Pearson vs. Southern Railway Company. Claim for damage on ac- 
count of lost freight. Claims paid and case dismissed. 

Stebbins, Lawson & Spraoins Company vs. Seaboard Air Line Railway. Com- 
plaint of delay in transporting freight from South Boston, Va., to Monroe, N. C. 
Defendant, in this case, answered that it would in the future use its best efforts 
to have complainant's shipments moved promptly. 

Clotd ft Johnson vs. Southern Railway Company. Complaint of over-charge. 
It appearing in this case that complainant was not over-charged, case was 
dismissed. 



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22 N. C. CORPORATION COMMISSION. 

Oakdale Cotton Mills to The Commission. This was an application on part 
of petitioner, asking that the Commission require the fast trains of the Southern 
Railway stop at Jamestown. It appearing in this case that the law provides for 
the running of through trains without stopping at all stations, and that the 
Commission had no control of same, the case was dismissed. 

J. E. Banzet v8. Seaboard Aib Line Railway. Claim for damage on account 
of lost freight. Claim paid and case dismissed. 

Kearney vs, Railboads. Complaint of excess haggage charge. Dismissed. 

A. C. Moore vs. Atlantic Coast Line Railroad Company. Claim for over- 
charge on hacon. Over-charge refunded. 

Blount vs. Seaboard Air Line Railway. Complaint of failure of defendant 
to protect freight rate guarantee by bill of lading. Adjusted. 

J. E. Banzet vs. Seaboard Air Line Railway. Claim for damage to shipment 
of strawberries. Claim paid. 

Keith & Co. vs. Atlantic Coast Line Railroad Company. Claim for damage 
on account of lost freight. 

Creech & Fields vs. Atlantic and North Carolina Railroad Company. Claim 
for damage on account of lost freight. Dismissed. 

Oscar High vs. Southern Railway Company. Claim for over-charges. Dis- 
missed. 

Citizens of China Grove vs. Southern Railway Company. Petition for depot 
accommodations. Dismissed. 

W. F. Wood vs. South Carolina and Georgia Extension Railroad Company. 
Claim for over-charge on shipment of logs. Adjusted. 

Hill et al. vs. Southern Express Company. Complaint of discrimination in 
express rates on shipments of lettuce in favor of Magnolia against the town of 
Warsaw. Adjusted. 

Seaboard Air Line Railway to The Commission. Application for revision of 
freight rate on sand. Granted. 

J. W. Scott & Co. vs. Southern Railway Company. This was a claim for 
damage on account of shipment of dry goods destroyed by fire at station of 
defendant company. It appearing in this case that complainant's remedy against 
the road for damages sustained would be by instituting suit in the Courts, the 
case was dismissed. 

The Star Publishing Company vs. Southern Railway Company. Claim for 
over-charge. Over-charge refunded and case dismissed. 

Griqg vs. Southern Express Company. This was a petition asking that de- 
fendant be required to establish an up-town express office In the town of Lincoln- 
ton. Granted. 

Southern Import and Commission Company vs. Southern Railway. This 
was an application asking that the Commission change the classification on 



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COBfPLAINTS AND DECISIONS. 23 

carpet lining on shipments to and from points within this State to points without 
the State. Dismissed for want of jurisdiction. 

Seaboabd AiB Line to The Commission. Application to be authorized to apply 
reduced rate on building material from Ciiffside Mills to Caroleen, N. C, on 
account of the construction of a cotton mill. Granted. 

Ricu^BosoN Drug Company vs. Southern Railway Company. Complaint of 
freight service. 

Aberdeen and Asueboro Railroad Company to The Commission. Application 
to allow a refund of freight rate on shipment of wood. Denied. 

PRmoY & Co. vs. North Carolina Car Service Association. Claim for error in 
storage charges. Adjusted. 

Wright vs. Atlantic Coast Line Railroad Company. Claim for damage to 
trunk. Dismissed for want of jurisdiction. 

Charlotte Shippers' As80cla.tion vs. Railroads. Complaint of discrimination 
against Charlotte in freight rates from Cincinnati, New Orleans, St. Louis, and 
other points. This being a matter of interstate commerce, complainant was ad- 
vised to bring same before the Interstate Commerce Commission for redress. 

A. H. Slocomb vs. Seaboard Air Line Railway. Complaint of failure of de- 
fendant to furnish freight rates promptly. Adjusted. 

Aberdeen and Asheboro Railroad Company to The Commission. Application 
of petitioner to apply Commissioners' Standard Tarifit on fertilizer. Granted. 

Bridgers & Forbes vs. East Carolina Railway Company. Complaint of 
freight service. 

Surry Lounge Company vs. Southern Railway Company. Application for 
classification on lounges. Granted. 

Sanders vs. Atlantic Coast Line Railroad Company. Claim for damage on 
account of lost shipments of hams. Claim allowed, paid and dismissed; 

Wellington and Powellsville Railroad Company to The Commission. Appli- 
cation to be authorized to apply schedule of freight rates from Washington, N. C, 
to landings on the Cashie River, and other points. Rates filed and approved. 

Lambeth & Bro. vs. Seaboard Air Line Railway. Complaint of failure of 
defendant to pay for stock killed. Complainants were advised that the subject- 
matter of the complaint was not within the jurisdiction of the Commission, and 
that they must look to the Courts for redress. 

Piedmont Wagon Company vs. Southern Railway Company and Seaboard Air 
Line Railway. Claim for over-charge on shipment of wagons. Over-charge 
refunded. 

Grimes Bros. vs. Southern Railway Company. Complaint of failure of de- 
fendant to transport shipments of freight promptly. Adjusted. 

Stebbins, Lawson & Spragins Company vs. Atlantic Coast Line Railroad 
Company. Complaint of failure of defendant to transport promptly shipments of 



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24 N. C. CORPORATION C0MMIS8I0N. 

freight tendered at South Boston, Va., and destined to Wilmington, N. C. 
Adjusted. 

W. H. TOWNSEND V8. ATLANTIC AND NOBTH CaBOLINA RaILBOAD COMPANY. Claim 

for damage on account of lost shipments of household goods. Adjusted. 

Dr. Isaac M. Taylob vs. Southern Railway Company. Complainant in this 
case alleged that the railroad crossing at Morganton was a dangerous one to the 
public, as it was impossible to see an approaching train from either direction. 
Defendant company, answering the complaint, stated that a 10-inch crossing 
gong, operated by electricity, had been installed at this place, which would give 
the relief desired by complainant. 

TOMLINSOX CUAIR COMPANY VS. SOL'THERN RAILWAY COMPANY. Complaint Of 

discrimination in freight rates on chair stock. Dismissed for want of answer 
from complainant. 

JouN G. Young vs. Southern Railway Company. Claim for damage on ac- 
count of shortage in coal. Complainant was advised that he should look to the 
Courts for redress. 

Citizens of Lincolnton vs. Western Union Telegraph Company. This was a 
petition asking that defendant be required to establish an up-town telegraph 
office in the town of Lincolnton. Granted. 

AsiiEviLLE Chamber of Commerce vs. Southern Railway Company. Com- 
plaint alleging discrimination in freight rate on coal from Coal Creek, Tenn., to 
Asheville, N. C, compared with the rates on coal to other Southern cities. Thig 
being a matter of interstate commerce, case was dismissed upon advice to bring 
same before the Interstate Commerce Commission, if desired. 

Piedmont Wagon Company vs. Southern Railway Company. Complaint of 
over-charge in freight rate on wagons between Hickory and Mooresville. Over- , 
charge allowed and ordered refunded. 

Startown Nursery Company vs. Southern Railway Company. Complaint of 
freight service. Dismissed. 

IsADORE Martin, Treasurer Keasley School vs. Atlantic Coast Line Railroad 
Company. Petitioner in this case asks that the Commission require defendant 
company to stop its trains for passengers between Enfield a.nd Whitaker's, at a 
point opposite complainant's school. Denied. 

South and Western Railway Company to The Commission. Petitioner flies a 
schedule of freight and passenger rates, asking that the Commission approve 
same, as follows: Passenger, first-class, 5 cents a mile; second-class, 4 cents a 
mile. Freight, Commissioners' Standard Tarift, with 50 per cent added. Ap- 
proved temporarily. 

Briggs & Sons vs. Southern Railway Company. Delay in forwarding and 
transporting car-load of sewer pipe from Greensboro to Raleigh. Adjusted. 

J. H. CuLBRETH vs. ATLANTIC CoAST LiNE RAILROAD COMPANY. Complainant in 
this case is a general merchandise broker at Fayetteville, N. C, alleging that he 
bought a car-load of flour in St. Louis, and that same was billed via Southern 



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COMPLAINTS AND DECISIONS. 25 

Railway and Atlantic Coast Line via Wilmington to Fayetteville; that Seaboard 
Air Line got control of said car and took same to Wilmington and tendered it to 
the Atlantic Coast Line at that point; that the Atlantic Coast Line refused to 
receive the car and forward same to Fayetteville, the destination of car. De- 
fendant, answering this complaint, stated that the car was not hilled through to 
Fayetteville, but only to Wilmington, and that the reason for the refusal to 
receive the car was, that it did not care to pay the freight charges to Wilmington 
and be responsible for same. Complainant was advised to pay freight charges at 
Wilmington and then tender same to the Atlantic Coast Line Railroad Company, 
and that such company would be obliged to receive and forward it. 

SuBLETT Hay Company vs. North Carolina Car Service Association. This 
was a complaint of a wrongful storage charge on a car-load of hay, complainant 
alleging that no notice of arrival of said car had been received. Defendant, an- 
swering the complaint, expressed a willingness to refund the charge made. 

Norfolk and Southern Railroad Company to The Commission. This was an 
application on the part of defendant company, asking permission of the Commis- 
sion to abandon Pikeroad station and to erect a new station two miles south of 
Pikeroad station. Defendant having posted in three public places, for thirty 
days, that application would be made to the Commission, as above stated, and no 
opposition being shown against the removal of the station, application was 
granted. 

HiLfON Limber Company vs. Atlantic Coast Line Railroad Company. Com* 
plainants in this case allege that defendant had raised its rate of switching and 
transfer charges on car-loads of lumber, destined to complainants' mill, near 
Wilmington, from $3.50 to |5.00 per car. This complaint was served on defend- 
ant with request for answer. The case was called at a subsequent session of the 
Commission, and, it appearing that the matters complained of had been adjusted 
and complainants had no further cause for action, the case was dismissed. 

Clement-Ross Manufacturing Company vs. Seaboard Air Line Railway Com- 
pany. Complainants in this case alleged that defendant company had failed to 
comply with Circular No. 14 of the Commission, fixing a schedule of freight rates 
on rough logs, such as dogwood, hickory, persimmon, etc., and by reason of the 
failure of defendant to comply with rates therein named, complainants were over- 
charged to the amount of $558.14. Complaint was served on defendant with the 
request that the claim for over-charges, as set out by complainants, was correct, 
and that the amount should be refunded. At a subsequent session of the Com- 
mission, it appearing that the over-charges claimed had been refunded and that 
complainant was satisfied, the case was dismissed. 

C6bb, Wilson & Co. vs. Southern Railway. Complainants in this case asked 
that the Commission reduce the classification of hoops, within the State of North 
Carolina, from Class A to Class O. Application grafted. 

Thurston Bro. vs. Southern Railway Company. Claim for over-charge of 
cotton shipped from Jackson, Miss., to Burlington, N. C. Overcharge refunded 
and case closed. 



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26 N. C. CORPORATION COMMISSION. 

Jordan & Bro. vs. Southern Railway Company. Complainants in this case are 
engaged in saw-milling business on the line of defendant's road, and petition 
the Commission to require defendant to place a siding from its main line road to 
their mill. This matter was investigated, and, it appearing that defendant com- 
pany had sufficient side-track on the opposite side of the road from where com- 
plainants' mill was located, and that the business of petitioners would not 
justify the building of additional side-tracks, the case was dismissed. 

D. A. Tompkins vs. Seaboard Air Line Railway and Carolina and North- 
western Railway Company. Complainant in this case asks that the Commis- 
sion require defendants to make a track connection at Lincolnton, a point where 
defendants' roads cross each other, for the inter-change and transfer of freights. 
Petition granted. 

Jas. a. Sanders vs. Atlantic Coast Line Railroad Company. Claim for dam- 
age on account of lost freight. Claim paid and case closed. 

• Stainback vs. Seaboard Air Line Railway. Complainant in this case asks 
that the Commission require defendant company to operate a morning passenger 
train into Raleigh from Henderson over the Raleigh and Gaston Division of its 
road. Defendant, answering- complaint, stated that it had carefully looked into 
the matter of the additional service asked for by complainant, but that it did not 
appear that the travel would Justify such additional train. Complainant was 
advised by the Commission that, unless it could be demonstrated that the travel 
would be sufficient to justify the expense of running another train, the railroad 
company could hardly be forced to put on such additional train. 

Julian Milling Company vs. Southern Railway Company. Petition for side- 
track facilities. It appearing In this case that the business of petitioner would 
not justify the expense of the side-track facilities desired, the case was dismissed. 

A. P. Roberts vs. Southern Railway Company. Complaint of train service on 
the Murphy branch of defendant's road. Defendant, in this case, answered that 
the service would be improved. 

Pollock vs. Southern Express Company. Complaint of refusal of Express 
Company to receive express after departure of trains. Defendant answered that 
the refusal to receive express was an error on the part of the agent, and in the 
future there would be no cause for complaint. 

C. P. Aycock vs. Norfolk and Southern Railroad Company. Complaint of 
over-charge. Over-charge refunded by defendant and case closed. 

R. M. Person vs. Seaboard Air Line Railway. Complaint of classification of 
shocks. It appearing that the shipments in this case were from beyond the limits 
of the State and interstate commerce, the Commission having no jurisdiction over 
same, the case was dismissed. 

R. E. Brown vs. Seaboard Air Line Railway. Complaint of failure of defend- 
ant to route car-load of lumber as directed. Adjusted by defendant and case 
closed. 

Carolina Peanut Company vs. Seaboard Air Line Railway Company. Com- 
plaint of discrimination against Weldon, N. C, in favor of Suffolk, Va., on ship- 



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COMPLAINTS AND DECISIONS. 27 

ments of peanuts from Weldon to Western points. This being a matter of inter- 
state commerce, tlie complainant was advised to bring his case before the Inter- 
state Commerce Commission, and that this Commission would assist them in any 
way it could. 

R. L. Davis ft Bbos. vs. Atlantic Coast Line Railboad Company. Complaint 
of freight and express services. Defendants in this case answer that the service 
complained of would have special attention. This being satisfactory to the 
complainant, case was dismissed. 

The Wobth Company vs. North Cabolina Cab Service Association. Com- 
plaint of wrongful storage charges. Charges complained of refunded and case 
closed. 

CooLEEMEE Cotton Mills VS. Westebn Union Teleoraph Company. Complaint 
of over-charge on telegraphic message. 

Stab Chaib Stock Company vs. Dubham and Chablotte Railboad Company. 
Complaint of freight rate on logs. Letter of explanation to complainant and 
case closed. 

Watt vs. Southebn Railway Company. Complaint of the failure of defendant 
company to provide separate cars for the white and colored races. It appearing 
that defendant was complying with the law, case was dismissed. 

Ravenel & Co. vs. Polk County. Complaint of excessive tax rate. Dismissed. 

Zimmerman & Co. vs. Southebn Railway Company. Complaint of freight rate 
on apples between Black Mountain and Charlotte. Adjusted and case closed. 

Ayden Milling and Manufacturing Company vs. Atlantic Coast Line Rail- 
boad Company. Complainants in this case alleged that they were required to 
pay freight on such shipment of goods as were lost in transit, only part of ship- 
ment having been received. Complainant was advised that, when only a portion 
of shipments shall have been received at the place of destination, the agent of 
the railroad company can not demand any part of the charges for freight for such 
portion of the shipment as has not been received. 

Southebn Railway Company to The Commission. Application of petitioner to 
authorize the transportation of tents belonging to the State for the purpose of the 
encampment of the Confederate Veterans at Greensboro. Granted. 

R. M. Pebson vs. Seaboabd Aib Line Railway Company. Complaint of the 
failure of defendant company to provide separate cars for the races on the 
express train of defendant company, leaving Raleigh at 1 a. m., going north. It 
appearing that this train is an express, or through train, and is exempt from the 
provisions of the law requiring separate accommodation for the races, the case 
was dismissed. 

S. S. McNiNCH vs. Southebn Railway Company. Complaint of freight rate on 
brtck. 

Charlotte Shippebs' Association to The Commission. Petitioners in this case 
ask that the Commission reduce the classification of leather slabs from third- 
class to fifth-class, alleging that slabs are shipped in bales and the pieces will 



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28 N. C. CORPORATION COMMISSION. 

average from 5 to 7 feet in length. That they are the strippings from regular 
sole leather, which takes third-class, but which are only about 60 per cent of the 
value of leather ordinarily shipped in rolls. After careful consideration, the 
Commission was of the opinion that the classification should not be reduced, and 
the petition was ordered dismissed. 

Merchants' Gboceby Company vs. Southern Rah^way Company. Complaint 
of freight service between Greensboro on shipments routed via Sanford to points 
on Seaboard Air Line. It appearing that the service complained of had been 
bettered and no further action demanded by complainants, case was dismissed. 

Charlotte Shippers' Association to The Commission. Petitioner in this case 
asks that the Commission reduce the classification of cotton mattress felt to fifth- 
class. Petition granted and case closed. 

G. W. Lewis vs. Fremont and Pinkney Telephone Company. Complainant in 
this case alleges that he is discriminated against in the matter of telephone ac- 
commodations. Dismissed. 

Richardson Drug Company vs. Southern Railway Company. Complaint of 
discrimination. Dismissed. 

Madison Grocery Company vs. Southern Railway Company. Complaint of 
freight service. Adjusted. 

Peterson & Co. vs. Atlantic Coast Line Railway Company et al. Complain- 
ants in this case allege discrimination against Washington, N. C, in favor of 
Elizabeth City in freight rates on shipments from Louisville, Ky. Dismissed 
for want of Jurisdiction. 

Cape Fear and Northern Railroad Company to The Commission. Comes the 
petitioner and files a schedule of freight rates on cotton, asking for its adoption. 
Schedule approved. 

Seaboard Air Line Railroad to The Commission. Comes petitioner asking to 
be allowed to apply a reduced rate on old lumber and brick-yard material from 
Stouts, N. C, to Charlotte, N. C, on account of a developing of manufacturing 
interests. Granted. 

Meyer vs. Atlantic Coast Line Railway Company. Complaint of over-charge 
in freight rate on bananas. Dismissed. 

W. H. Townsend vs. Atlantic and North Carolina Railroad Company. Claim 
for damage on account of lost freight. Adjusted. 

Ore Hill Manufacturing Company vs. Southern Railway Company. Com- 
plaint of failure of defendant to receive and forward shipments promptly. 

W. R. Ch^sson vs. AtlaPitic Coast Line Railroad Company. Claim for dam- 
age on account of lost freight. Claim paid by defendant and case closed. 

Peterson & Co. vs. Norfolk and Southern Railroad Company. Complaint of 
of excessive freight rate. Adjusted. 

C. P. Aycock vs. Western Union Telegraph Company. Petition for the re- 
establishment of a telegraph office at Pantego. Dismissed. 



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COMPLAINTS AND DECISIONS. 29 

M. A. BiTiE V8, Atlantic Coast Line Railboad Company. Petitioner in this 
case asks that the Commission require defendant company to provide sufficient 
side-track facilities at his saw-mill plant, situated at Red Springs, on the line of 
the defendant road. Petition granted and case closed. 

MOROANTON MaNUFACTUBING COMPANY V8. SOUTHEBN RAILWAY COMPANY. ThiS 

was a complaint of various over-charges on shipments of lumber. It appearing 
that the claims for over-charges by complainant were correct, defendant was re- 
quested to refund same, which was done. 

Peasl Roller Mills vs. Southebn Railway Company. Claim for damage to 
the amount of $61.84, on account of lost freight. Claim paid by defendant and 
case closed. 

Geo. D. Obeen vs, Nobth Cabolina Car Sebvice Association. Claim for refund 
of demurrage charges. Adjusted. 

Greensbobo Nubseby Company vs. Southebn Railway Company. Complaint 
of freight rate on peach seed, and asking that the classification be changed from 
sixth-class to Class D. Denied. 

R. G. Austin vs. Nobth Cabolina Cab Sebvice Association and Cabolina Cen- 
TBAL Railboad Company. Complaint of storage charge. Adjusted. 

Mabbineb vs. Nobpolk and Southebn Railboad Company. Complaint of exces- 
sive freight charges. Dismissed. 

CooLEEBiEE CoTTON MiLLS VS. Seaboard Air Line RAILWAY. Complaint of dis- 
crimination. Closed. 

Wilson Black vs. Western Union Telegbaph Company. Complaint of over- 
charge on telegraphic message. Over-charge refunded and case closed. 

AuBOBA Cotton Mills vs. Southebn Railway Company. Claim for over- 
charge. Over-charge refunded and case closed. 

Dobbin & Febball vs. Seaboabd Aib Line Railway. Claim for damage on ac- 
count of lost freight Adjusted. 

TuLL vs, Southebn Railway Company. Complaint of the failure of defendant 
to provide and keep open separate waiting-rooms for the white and colored races 
at Morganton. Defendant answered that the relief asked would be granted, and 
that in the future there ^ould be no further cause for complaint. 

Salem Iron Works vs. Southern Bell Telephone Company. This was a com- 
plaint of the rates for telephone service at Winston. In this case, It appearing 
that no rates had been approved for the defendant company, defendant was asked 
to submit a schedule of rates for doing business in the various towns in the 
State. The rates were submitted, revised and approved by the Commission. 
Schedule of same on file in this office. 



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30 



N. C. CORPORATION COMMISSION. 



Southern Railway Company to The Commission. This was an application on 
the part of petitioner asking that the Commission authorize a schedule of rates 
on excelsior less than car-loads. The rates submitted being less than the regular 
tariff rates applicable to this commodity, the application was granted and sched- 
ule of rates adopted as follows: 

FREIGHT RATE ON EXCELSIOR, L. C. L., PER 100 POUNDS. 



5 miles and under. 8 

10 miles and over 5 8 

15 ralleM and over 10 _ 10 

20 miles and over 15 — . 10 

25 miles and over 20 11 

ao miles and over26 11. 

85 miles and over 80 18.i 

40 miles and over 86— 18.5 

45 miles and over 40 Ib.l 

50 miles and over 46 15. i 

55 miles and over 50 16.1 

«» miles and over 65 16 I 

66 miles and over 60 - 17 

70 miles and over 65 17 

75 miles and over 70 — 17 

80 miles and over 75 17.1 

85 miles and over 80 18 

90 miles and over 85.. 18 

»5 mil( s and over 90 18.; 

100 ml It-sand over 95 18.1 

110 miles and over 100 19 

120 miles and over 110 — 19 

180 miles and over 120 19 

140 miles and over 180 20 

150 miles and over 140 20 





penis. 


160 miles and over 150 


— 28 




do. 


170 miles and over 160 


24 




do. 


180 miles and over 170 


—- 25 




do 


190. miles and over 180 -. 


.- 25 




do. 


200 miles and over 190 


27 


5 


do. 


210 miles and over 200 


27 


5 


do. 


220 miles and over 210 


-- 28 


5 


do. 


280 miles and over 220 


28 


5 


do. 


240 miles and over 280 


29 


5 


do. 


250 miles and over 240 


29 


6 


do. 


260 mites and over 250 


80 


6 


do. 


270 miles and over 280 _. 


80 




do. 


280 miles and over 270 


.- 31 




do. 


290 miles and over 280 


31 


5 


do. 


300 miles and over 290 - 


82 


6 


do. 


810 miles and over 800 


82 




do. 


320 miles and over 810 


38 




do. 


330 miles and over 820 


83 


5 


do. 


810 miles and over 830 


84 


6 


do. 


850 miles and over 810 


84 




do. 


360 mil -sand over 850 


35 




d.». 


370 miles and ovei 360 


.__ 35 




do. 


:«0 mlloand over 370 


36 




do. 


390 miles and over .380 


36 




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do. 
do. 



Applicable lo Southern Railway lin^s in North Carolina. 

Guilford Lumber Company vs. Southern Railway Company. Complaint of 
freight service. Adjusted. 

High Point Metallic Bed Company vs. Southern Railway Company. Com- 
plaint of delay in the transportation and delivery of shipments of iron beds. 
Adjusted. 

Hilton Lumber Company vs. Atlantic Coast Line Railroad Company. Peti- 
tion for reduction of freight rate on logs. Ordered. Granted. 

Schedule of rates to apply on logs over W. C. and A. Division of the Atlantic 
Coast Line to Wilmington, as in effect to mills over other roads of the system, 
to-wit: 



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COMPLAINTS AND DECISIONS. 31 

Ten miles and under, |1.50 per 1,000 feet. 
Twenty miles and over ten, |1.75 per 1,000 feet. 
Thirty miles and over twenty, |2.00 per 1,000 feet. 
Forty miles and over thirty, |2.10 per 1,000 feet. 
Fifty miles and over forty, $2.20 per 1,000 feet. 
Sixty miles and over fifty, |2.50 per 1,000 feet. 

Citizens of Lumbebton vs. Western Union Telegraph Company. This was a 
petition from the citizens of Lumberton, asking that the Commission require 
defendant company to move its Lumberton office from the present location to a 
more convenient one in the business portion of the town. Petitioners alleged 
that there was only one telegraph office in the town, and that this one was situ- 
ated in the freight depot of the Seaboard Air Line Railroad in the extreme south- 
ern limits of the town, in a very inconvenient place, and at too great a distance 
frofti the business portion of the town. Petitioners alleged that there was suffi- 
cient revenue from the office to Justify the removal, the monthly receipts ranging 
from $65 to $100 per month. 

Defendant answered the petition, through its General Superintendent, J. B. 
Tree, saying, that upon the request of the Commission it had investigated the 
matter of the petition, and, upon investlgatidn, his company had decided to grant 
the relief asked for by the petitioners, and that the change would be made at 
once. 

No further relief being asked for by the petitioners, the case was closed. 

Citizens of Goldston vs. Southern Railway Company. This was a petition 
asking for additional side-track facilities at the town of Goldston. Granted. 

Raleigh Electric Company to The Commission. This was an application on 
the part of petitioners to be allowed an extension of time, until December 1, 1902, 
in which to begin the operation of vestibule cars. Granted. 

W. P. Roberts vs. Atlantic Coast Line Railroad Company. . Claim for over- 
charge for ticket from Eure to Raleigh and return. Over-charge allowed and re- 
funded by defendant. 

American Furniture Company vs. Southern Railway Company. Complain- 
ants in this case alleged that defendant had raised the minimum car-load on 
shipments of furniture from High Point to points beyond the limits of the State. 
The shipments being interstate commerce, and without the jurisdiction of the 
Commission, the case was dismissed. 

Willis Owens vs. Norfolk and Southern Railway Company. Claim for over- 
charge. Dismissed. 

Jas. a. Sanders vs. Southern Railway Company. Claim for over-charge. 
Dismissed. 

Southern Railway Company to The Commission. This was an application on 
the part of the petitioner asking for authority to discontinue ticket agency at 
Hildebran. It appearing in this case that petitioner had posted notice for thirty 
days, that application would be made to the Commission for discontinuance of 
this agency, and it appearing that no objection had been made to same, petition 
was granted. 



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32 N. C. CORPORATION COMMISSION. 

BoYKiN V8. Atlantic Coast Line Railroad Company. Complaint of excessive 
classification and freight rate on shipments of nitrate soda from Baltimore, Md., 
to Fayetteville. This being a matter of interstate commerce, and without the 
jurisdiction of the Commission, the case was dismissed. 

Sanders vs. Atlantic Coast Line Railroad Company. Complaint and claim 
for over-charge on shipment. Claim allowed and over-charge refunded by de- 
fendant. 



ALSTON GRIMES AND OTHERS, CITIZENS OF GRIMBSLAND, 

versus 
THE CAROLINA AND VIRGINIA TELEPHONE COMPANY. 

Complaint of telephone service and of excessive charges for such service. 

This case coming on to be heard on the 14th of July, 1902, and being hearck on 
complaint and answer and certificates and oral statements of complainants and 
defendants, it is considered by the Commission that a rate of |2.50 per month 
for the use of telephone exchange at Greenville and a toll of ten cents per mes- 
sage of five minutes from Grimesland to Washington is not an unreasonable 
charge: Provided, prompt and efficient service be rendered by defendant. 

There seems to be no complaint as to the service at Greenville. Defendants 
admit that the service from Grimesland to Washington has not been as it 
should be. 

It is the opinion of the Commission that petitioners are entitled to good and 
efficient service between Grimesland and Washington, and 

It is ordered, therefore, that the defendants put the said line in such condi- 
tion as will enable them to render proper service to its subscribers and the 
public. 

It is further ordered that defendants report to this Commission on or before 
August 13, 1902, what steps have been taken in executing this order. 

WILMINGTON CHAMBER OP COMMERCE 
versus 
THE ATLANTIC COAST LINE RAILROAD COMPANY. 

Complaint of excessive freight on shipments of cotton seed. 

This complaint was filed October 23, 1902, and served October 23, 1902. 

At a session of the Commission at Raleigh, November 11, 1902, this c&use was 
called for hearing, and, it appearing from the investigations therein that it was 
the duty of the Commission to bring this complaint before the Interstate Com- 
merce Commission for redress, it was so adjudged and ordered, as follows: 
To the Honorable the Interstate Commerce Commission: 

The North Carolina Corporation Commission respectfully asks leave to bring 
the above-entitled cause before the Interstate Commerce Commission for redress. 

The Act of the General Assembly of North Carolina creating the Commission 
provides in the sixth section thereof: "That upon the complaint of any person 
or persons, corporation or corporations, to said .Commissioners of any unjust 
discrimination in carrying freight, which comes from or goes beyond the 
boundaries of the State, by any railroad company, whether organized under the 
laws of this State or organized under the laws of another State and doing busi- 
ness in this State, the said Commissioners shall investigate said complaint, and 



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COMPLAINTS AND DECISIONS. 33 

if the same be sasUined, it shall be the duty of said Commissioners to bring said 
complaint t>efore the Interstate Commerce Commission for redress, in accordanos 
with the proYisions of the Act of Congress^ establishing the Interstate Commerce 
Commission." 

On the 23d day of October, 1902, the plaintiff filed a complaint before this Com- 
mission, alleging that the defendant company was guilty of unjust discrimina- 
tion against the buyers of cotton seed of Laurinburg, N. C, in that said company 
charged a freight rate of $3.90 a ton of 2,000 pounds, car-load rates on cotton seed 
from Clio, S. C, to Laurinburg, N. C, a distance of 47 miles, and that said rate 
is excessive and extortionate. 

PlaintifT alleges further that the rate of |3.90 charged is in excess of the sum of 
the local rates of the distance hauled in South Carolina and the distance in North 
Carolina by $1.66 a ton, the sum of the locals for each State added being only 
12.24 a ton. 

E^XPLANATION. 

Clio, S. C, over Atlantic Coast Line to State line, 32 miles. South Carolina 
rate. Class L, which would be 80 cents— State Line, over Atlantic Coast Line, to 
Pembroke, N. C, 16 miles, 80 cents — Pembroke, N. C, to Laurinburg, N. C, over 
the Seaboard Air Line, 80 centa Deduct 10 per cent, according to Rule North 
Carolina, for joint freight, and it will leave the rate for the haul in North Caro- 
lina $1.44, with 80 cents added for the South Carolina proportion would be |2.24, 
the maximum rate that could possibly be charged. 

Plaintiff alleges that the freight rate over both the Atlantic .Coast Line and 
Seaboard Air Line in North Carolina for a continuous mileage of 47 miles is 
only 11.00 per ton. 

This complaint was served upon the defendant company, and H. M. Emerson, 
Assistant Traffic Manager of said company, answered, sajring that the rate of 
13.90 per ton was not made on the basis as set out by the Commission, and was 
correct, declining to change same. 

From the investigation of this cause, it appears to this Commission, and this 
Commission so alleges, that the defendant company, in charging a greater rate 
for the transportation of cotton seed from Clio, S. C, to Pembroke, N. C. than 
the sum of the local rates of each State combined, Is charging an excessive rate 
and is guilty of unjust discrimination, and a violation of the Act of Congress 
establishing the Interstate Commerce Commission. 

Copies of the correspondence filed in this cause are hereto attached and prayed 
to be taken as a part of this statement. 

Wherefore, this Commission prays that the honorable the Interstate Commerce 
Commission will redress the grievance herein complained of. 



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M N. C. CORPORATION COMMISSION 



Circulars. 



Circular No. 19. 

Raleigh, March 3, 1902. 

CHANGE IN CLASSIFICATION OP FURNITURE. 

From and after March 15, 1902, the following change in Commissioner's classi- 
flcation on furniture will be effective: 

Furniture manufactured of oak shall be classed as furniture when manufac- 
tured of pine, poplar, or other common woods, and classification shall read as 
follows: 

"Furniture when manufactured of pine, poplar, oak, or other common woods. " 

Applicable to all railroads. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



Circular Nc. 20. 

March 12, 1902. 
JOINT FREIGHT RATES. 

Ordered, that the Aberdeen and Ashboro Railroad Company, the Aberdeen and 
Rockfish Railroad Company, tne Carthage Railroad Company, the Cape Fear and 
Northern Railroad Company, the Raleigh and Cape Fear Railroad Company, the 
Northampton and Hertford Railroad Company, the Durham and Charlotte Rail- 
road Company, and the Carolina Northern Railroad Company, be and are hereby 
exempt from the provisions of Circular No. 28, of the Rules Governing the Trans- 
portation of Freight, requiring a reduction of 10 per cent from the Local Freight 
Tariff Rate of each road. This order not to apply to special rates, which are 
applicable to all railroads, as follows: Fertilizer Rates, Circulars No. 1-13; 
Cotton Seed and Cotton-seed Hulls, Circular No. 10; Cotton Rates, Circular 
No. 18. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



CI oular No. 21. 

April 24, 1902. 
CLASSIFICATION OF DYNAMOS. 

Dynamos. Released. Third Class. 

Effective at once. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



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CIRCULARS. 36 

Giroilar No. 22. 

Juira 12, 1902. 

The following has been adopted by the Corporation Commission as Rule 
No. 35^, and to be added to the Rules Groveming the Transportation of Freight 
already adopted by the Commission: 

A charge of not more than |2.00 will be allowed for moving a car, without 
regard to weight or contents, from any point on any road to a connecting road, or 
from one warehouse to another warehouse on the same road, within the space of 
three miles beyond the starting point: Provided, that this Rule shall not apply 
to cars moving from one regular station to another regular station on the same 
line. 

And provided further, when a car is destined to a point on a connecting line, 
which requires switching, an additional charge of 11.50 may be made for 
switching. 

Eiftective at once. 

By order of the Commission. 

H. C. Bkown, Clerk. Fbanklin McNeill, Chairman, 



Circular No. 23. 

Raleigh, July 22, 1902. 

CHANGE IN COMMISSIONERS' CLASSIFICATION. 

Effective August 16, 1902. 

The classification of excelsior will be as follows: 

Excelsior, pressed In bales, C. L. minimum weight 20,000 pounds. Class O, 
Oommissioners' Standard TarifC^ with 10 per cent added. 
By order of the Commission. 
H. C. Brown, Clerk. Franklin MoNeill, Chairman. 



CIrottlar No. 24. 

August 13, 1902. 
CLASSIFICATION OF COTLTON FELTS. 

Effective August 25th. 

The classification of cotton felts, not batting, in bales, will be fifth class. 

By order of the Commission. 

H. C. Brown, Clerk. Fbankun McNeill, Chairman. 



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ae 



N. C. CORPORATION COMMISSION, 



CIRCUUR No. 25. 

Raleigh, N. C, NoTember 11, 1902. 

FREIGHT RATE ON EXCELSIOR, L. C. L., PER 100 POUNDS. 



6 miles and under 8 cento. 

W miles and over 5 8 do. 

16 miles and over 10 10 do. 

20 miles and over 15 _« 10 do. 

25 miles and over 20 11 do. 

80 miles and over 25 11.6 do. 

85 miles and over 80 18.5 do. 

40 miles and over 86 18. 5 do. 

46 miles and over 40 15. 6 do. 

50 miles and over 46 15.5 do. 

66 miles and over 50 16.5 do. 

00 miles and over 55 16.5 do. 

65 miles and over 60 17 do. 

70 miles and over 65 17 do. 

75 miles and over 70 17.5 do. 

ao miles and over 75 17.5 do. 

85 miles and over 80 18 do. 

90 miles and over 85 18 do. 

95 miles and over 90 18.6 do. 

100 miles and over 95 18.5 do. 

110 miles and over 100 19 do. 

120 miles and over 110 19 do. 

180 miles and over 120 19 do. 

140 miles and over 180 _ 20 do. 

150 miles and over 140 20 d«>. 



160 miles and over 160 28 oenta. 

170 miles and over 160 24 do. 

180 miles and over 170 26 do. 

190 miles and over 180 25 do. 

200 miles and over 190 27 do. 

210 miles and over 200 27 do. 

220 miles and over 210 28 do. 

280 miles and over 220 28 da 

240 miles and over 280 29 do. 

250 miles and over 240 29 da 

260 miles and over 250 80 do. 

270 miles and over 280 80 do. 

280 miles and over 270 81 do. 

290 miles and over 280 81 do. 

800 miles and over 290 82 da 

810 miles and over 300 82 do. 

820 miles and over 810 88 do. 

380 miles and over 820 83 do. 

840 miles and over 880 84 do. 

850 miles and over 340 84 do. 

860 mi let» and over 850 85 do. 

870 miles and over 360 85 do. 

880 miles and over 870 36 do. 

390 miles and over 380 86 do. 



Applicable to Southern Railway lines in North Carolina. 
Bj order of the Commission. Fbanklin McNeill, 

H. C. Brown, Chairman. 

Clerk. 



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PART TWO. 



Assessment of Railroad, Street Railway, Electric Light and 

Power, Gas, Telegraph, Telephone, Express, Sleeping 

Car, Refrigerator, Steamboat and Canal 

Companies, for the Year 1902. 



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N. C. CORPORATION COMMISSION. 



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ASSESSMENT OF RAILROAD PROPERTY. 



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N. C. CORPORATION COMMISSION. 



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ASSESSMENT OF RAILROAD PROPERTY. 



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8TATEKEVT C — ^Tha Following Table Shows Liit of Coiutiet witli Apportiomnoato t» 

Eacli County, 1903. 



County. 



Name of Road or Other Company. 



Dis- 
tanoe. 



Valaatlon 
Per Mile. 



Total 

Assessed 

Value. 



Alamance ... 



Alexander.. 



Anson . 



Beaufort 



Bladen., 



North Carolina 

Western Union Telegraph Co 

Pullman Company j 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Greensboro Telephone Co 

Mebekne-RIdgevllle Telephone Co 

Interstate Telegraph and Telephone Co 

Southern Bell Telephone and Telegraph Co 



17.05 
89.00 



920,709.82 
50.48 



29.00 
17.05 
17.05 



24.43 

1,288.00 

67.88 



Statesville and Western 

Western Union Telegraph Co 

Southern Express Co 

Taylorsville Telephone Co 

Carolina Central 



Cheraw and Darlington 

Western Union Telegraph Co... 

Pullman Co 

Southern Express Co 

Wadesboro Telephone Co 



Norfolk and Southern 

Washington Branch (W. A W.) 

Western Union Telegraph Co 

Southern Express Co 

Old Dominion Steamship Co 



Carolina Telephone and Telegraph Co 

Wllliamston Telephone Co 

Washington and Hyde County Telephone Co. 
Washington and Plymouth , 



Carolina Central 

Western Union Telegraph Co.. 



12.00 
24.60 
84.00 

9.16 
7.00 
9.16 
12.00 
\ 

27.50 
18.90 
18.20 



41.40 
55.00 

11.80 
6.62 
18.00 
18.42 

66.00 
15.00 
41.00 
18.89 

82.80 
99.00 



18.57 
. 16.80 
12.66 I 

8,812.86 
69.48 
67.88 
26.09 



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5,290.05 

2,725.52 

706.42 

21,062.90 

1,166.68 

2,500.00 

222.86 

418.86 

427.06 

889,105.88 



10,956.88 

4,548.72 

69.48 



67.83 



14,896.79 

6,297.16 

60.48 

67.88 

58.72 

85.29 

25.00 

1,663.16 

10,056.88 
60.48 



80,845.87 

416. or 

621.4a 
813.04 



81,096.41 



801,208.97 
68,227.21 
10,817.85 
4,328,7S 
2,808,6ft 
2,800.00 



884,781.87 



160, 882. m 

41,687.15 

1,069.90 

1,249.62 

22,450.00 

3,288.85 

529.40 

1,025.00 

81,417.11 



272,698.60 



869,367.60 
6,884.44 



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ASSESSMENT OP RAILROAD PROPERTY. 



39 



8TATBMSHT C— Continned. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Bladen~(Con.). 



Bertie - 



Buncombe . 



Atlantic PofHAl Telegraph Co.. 
Southern Express Co 



Cashie and Chowan 

Norfolk and Carolina 

Roanoke and Tar River 

Wilmington and Powellsvllle 

"Western Union Telegraph Co 

Southern Railway rolling stock... 

Southern Express Co 

Albemarle Steam Navigation Co.. 
Chowan and Aulander 



96.20 
32.80 

12.00 
18.09 
7.60 
20.00 
70.00 
13.09 
40.09 



124.48 ! 82,825.97 

67.83 I 2,225.14 

' 369,802.65 



Brunswick 



Carolina Centml 

Wilmington, Columbia and Augusta 

Wilmington Railway Bridge Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Wilmington and Southport Telegraph Line.. 

Southern Express Co 

Brunswick Bridge and Ferry Co 

Cape Fear Towing and Transportation Co.... 
Interstate Telephone and Telegn^ph Co 

Ashevllle Electric Co 

Ashevllle Street Railway Co 

Western North Carolina 

Ashevllle and Spartanburg 

Pullman Co 

Southern Express Co 

Western Union Telegraph Co 

Ashevllle Telephone Co 

Southern Bell Telephone and Telegraph Co. 
Madison Telephone Co 



1.40 

12.20 
12.88 
.01 
117.50 
27.80 



2,226.66 

21,788.14 

8,412.77 

1,920.00 

50.43 
1.288.60 

67.88 



25.08 



46.00 



47.49 
10.86 



57.82 
211.41 

82.00 
175.00 

17.00 



2,195.65 

10.956.88 

11,801.80 

20,883.38 

50.48 

24.48 



26,720.00 
285,206.76 

63,987.05 

88,400.00 
4,160.72 

16,147.84 
2,760.89 
2,025.00 
3,073.91 



442,431.67 



67.88 I 



16.80 



12,246.62 
8,829.79 



^7.83 
59.48 
210.08 
12.56 
41.66 



138,6ff7.18 

152,008.43 

888.33 

6,984.05 

679.10 

500.00 

1,701.48 

6,800.00 

23,500.00 

772.96 



326,946.48 



2,248.00 

16,000.00 

581,501.98 

91,476.68 

7,214.62 

3,922.48 
12,565.95 
17,226.89 

2,198.01 
706.88 



786,147.94 



Digitized by 



Google 



40 



N. C. CORPORATION COMMISSION. 



8TATEMEVT C-Contiaaed. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
PerMUe. 



Total 

Assessed 

Value. 



Burke. 



Cabarrus . 



Caldwell 



Camden . 



Carteret-. 



Carolina and Northwestern 

Western North Carolina 

Pullman Co 

Western Union Telegraph Co. 

Southern Express Co 

Burke County Telephone Co.. 



2.18 
29.70 



North Carolina 

Yadkin 

Pullman Co ._ 

Western Union Telegraph Co 

Southern Railway rolling stock 

Atlantic Postal Telegraph Co 

Southern Express Co 

Albemarle Telephone Co 



122.00 
31.88 
51.00 

17.16 
1.15 



306.09 
17.16 
17.70 
18.81 
8.00 

American Telephone and Telegraph Co i 93.22 

Southern Bell Telephone and Telegraph Co | 55.00 

Concord Telephone Co 70.00 



Moore Telephone Co 

Carolina and Northwestern 

Caldwell and Northern 

Western Union Telegraph Co 

Lenoir and Blowing Rock Telephone Co. 
Southern Express Co 



Norfolk and Southern.. 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telephone Co.. 

Southern Express Co 

Lake Drummond Canal Co 

Old Dominion Steamship Co 

Camden Telephone Co.. — — 



Atlantic and North Oarollna.. 
Wcstern Union Telegraph Co.. 



27.00 
14.84 
10.60 
14.00 



11.81 

5.00 
5.00 
11.00 
5.00 



29.00 



16.00 
32.00 



•8,241.04 
12,246.62 



50.48 
67.88 



20,799.82 
8,217.98 



59.48 
1,288.60 
24.48 
67.88 
50.00 
84.08 
12.56 
40.00 

18.18 
8,241.01 
2,583.75 

50.48 



87.88 

14,896.79 
59.48 
41.51 
67.88 



45.45 

7,729.79 
59.48 



87,065.46 
868,724.60 
4,619.48 
7,251.58 
2,162.78 
1,850.80 



886,704.55 



356.916.45 

3,700.61 

2,725.52 

18,160.84 

21.168.60 

482.38 

1,242.16 

150.00 

3,172,02 

600.81 

2,800.00 



411,168.89 



490.89 
48,097.00 
27,887.77 
832.14 
490.90 
801.20 



78.099.90 



71,983.97 

297.20 

456.60 

339.23 

8,000.00 

2,166.66 

1,318.17 



84,561.88 



128,676.65 
1,902.04 



Digitized by 



Google 



ASSESSKENT OF RAILROAD PROPERTY. 



41 



STATBKBVT C— CoBtisiitd. 



€k>unty. 



Carleretr-(Con.) 



Caswell 



Catawba . 



Chatham 



Cherokee 



Name of Road or Other Company. 



Southern Express Co 

Henderson Telephone Co 

Morehead City Telephone Co. 



Piedmont - 

Atlantic and Danville 

Atlantic Postal Telegraph Co — 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co 

Mebane-RidgevIUe Telephone Co 

Reldsvllle Telephone and Telegraph Co 



Carolina and Northwestern... 

Western North Carolina 

Pullman Co. 

Western Union Telegraph Co. 

Southern Express Co 

Catawba Telephone Co 

Oaston Telephone Co 



Raleigh and Augusta Air Line 

Atlantic and Yadkin 

Pittsboro.. _ 

Durham and Charlotte 

Egypt 

Pullman Co 

Western Union Telegraph Co 

PIttsboro Telephone and Telegraph Co. 
Southern Express Co 



Atlanta, Knoxville and Northern 

Western North Carolina 

Western Union Telegraph Co 

Southern Express Co 



Dis- 
tance. 



16.00 
50.00 



7.10 
14.60 
14.80. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



167.88 I $1,085.45 

48.16 2.408.07 

I 800.00 



129,872.21 



28,468.61 

7,819.51 

24.43 



202.55 I 
22.45 I 
88.95 I 
18.00 I 
90.00 I 

21.76 
22.94 



59.43 I 
67.88 
84.06 
18.57 , 
81.82 



202.091.63 

114,161.88 

861.54 

1,122.27 

12,089.32 

1,528.00 

1,325.38 

'241.43 

954.55 

833,824.00 



102.00 
34.80 



18.00 

16.00 
28.58 
11.20 
5.27 
8.00 



106.00 
11.00 
62.10 

18.10 
28.95 
37.88 
37.05 I 



8,241.(M 70,624.97 

12,246.62 I '280,937.45 

_ ! 8,527.15 

59.48 ' 6,062.75 

67.88 ! 2,360.81 



23.38 

15,806.62 
8,971.fl 
2,128.57 
2,143.11 
2,971.87 



50.43 

67.83 

3,660.31 

12,246.62 

' 59.43 

67.88 



I 



Digitized by 



419.97 



363,833.10 



252,936.27 

255,948.76 

28,840.00 

11,294.20 

23,775.00 

2,566.20 

6,300.50 

'250.00 

4,212.82 



581,1-22.75 



47,95».00 

298,806.51 

2,251.54 

2,518.45 



346,021.50 



Google 



42 



^\ C. CORPORATION COMMISSION. 



STATEMENT C— CoAtinned. 



County. 



Chowan . 



Cleveland 



Columbus - 



Craven 



Name of Road or Otber Company. 



Norfolk and Southern 

Suffolk and Carolina 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telegraph Co 

Southern Express Co 

Edenton Telephone Co 

Albemarle Steam Navigation Co 

Branning Manufacturing Co 



Carolina Central 

Lawndale 

South Carolina and Oeorgla 

Atlanta and Charlotte Air Line 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co- 
Lattimore Telephone Co 



Carolina Central 

Wilmington, Chadboum and Conway 

Wilmington, Columbia and Augusta 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southeastern 

Southern Express Co 



Atlantic and North Carolina 

Wilmington and New Bern 

Western Union Telegraph Co 

Southeiii Express Co 

Henderson Telephone Co 

Independent Steamboat Line 



New Bern and Snow Hill Steamboat Co- 

Old Dominion Steamship Co 

Pamlico- Beaufort Telephone Co 

Broadus and Ives, steamer 



Dis- 
tance. 



5.80 
6.67 
4.00 
4.00 
4.20 
47.00 



Valuation 
Per Mile. 



$14,396.79 

8,68L77 

60.48 

41.51 

67.88 



ToUl 

Assessed 

Value. 



21.80 
9.00 

22.00 
8.77 



184.01 
52.07 
61.40 
60.00 

8.90 
25.00 
60.45 
854. &1 
17.00 
.17 
84.46 

46.00 

9.44 

184.00 

57.98 
258.00 



8.00 



10,956.88 
2,888.88 
5,486.54 

22,246.12 



50.48 
67.88 
84.08 



10,956.88 

8,602.48 

11,801.89 

50.48 

24.48 

2,219.49 

67.88 

7.729.79 

6,785.80 

59.48 

67.88 

48.16 



24.17 



176,806.01 

24,228.94 

287.76 

166.06 

2^.94 

2,100.00 

2,025.00 

7,000.00 

112,840.67 



238,860.75 

21,000.00 

120,706.96 

195.098.48 

1,282.60 

10,987.88 

8,582.89 

1,749.01 

1,000.00 



588,678.54 



97,511.81 

90,060.85 

505,405.70 

21,078.42 

415.28 

387.82 

5,729.70 



810,688.58 



847.840.66 

54,617.99 

7,964.80 

8.988.82 

12.184.76 

2.200.00 

2.400.00 

7.166.68 

72.61 

800.00 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



4a 



8TATEIIIHT O-Xlontinmed. 



County. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Craven— (Con.) „ 


Vaneebom Bteemboat Co .— 






9960.00 




Steamer Carolina, A. J. Oatlin 

Wilson and FayetteviUe . __ 


82.74 


$27,911.26 
9,588.26 


850.00 




440,980.61 


Co mberland 


918,814.70 
261,116.04 




Atlantic and Yadkin 


27.89 




Aberdeen and Rock Fish 


80.00 


2,128.09 


68,842.85 




Pullman Co 







5,180.40 




Western Union Telegraph Co 


264.00 


50.48 


15,091.88 




Southern Express Co 


71.02 


67.88 


4,817.94 




Atlantic Postal Telegraph Co 


212.08 


24.48 


5,180.72 




Carolina Telephone and Telegraph Co 


161.00 


68.72 


9,458.95 




Black River Packet Co 






1,250.00 




Cape Fear River Transportation Co— 






2,200.00 




Norfolk and Southern 


14.80 


14,896.79 






1,282,498.48 


Currituck 


206,874.15 




Western Union Telegraph Co 


14.00 


50.48 


832.14 




Albemarle and Chesapeake Canal Co 






7,500.00 




Southern Express Co 

North Carolina 


14.80 
24.80 


67.88 
20,799.32 


970.11 




216.176.40 


Davidson 


615,823.81 
8,847.80 
41,450.22 




Pull mail Co __- -— , - - - ._ -, . _. - 






Western Union Telegraph Co 


697.86 


50.48 




Southern Railway rolling stock. _ __ _.....__ 


24.80 


1,288.60 


80,598.80 
1,201.86 
1,682.42 




Atlantic Postal Telegraph Co «« 


49.20 


24.43 




Southern Express Co 


24.80 


ff7.88 




American Telegraph and Telephone Co 


168.95 


84. OB 


5,578.75 




Thomasville Telephone Co— 


47.00 
17.68 


82.60 
2,727.64 


1,85J7.60 




North Carolina Midland 






601,705.16 


Davie 


48,224.07 
1,248.22 




Western Union Telegraph Co 


21.00 


50.48 




Southern Express Co 


12.88 


67.88 


889.80 




Mocksvl He Telephone Co ....— 


88.00 


21.09 


801.80 




Old Dominion Steamship Co - -..-....i»...... 






51,114.0& 


Dare 


6,166.66 










6,166.60 



Digitized by 



Google 



44 



N. C. CORPORATION COMMISSION. 



8TATEKEVT C— Continued. 



CJounty 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Valae. 



Duplin.. 



Durham . 



£dgecombe-.. 



Wilmington and Weldon (Clinton Branch) 

Wilmington and Weldon (main line) 

Pullman (3o 



8.00 
88.96 



$4,802.85 
27,684.63 



Western Union Telegraph Ck) 

Southern Express Co 

Kenansvitle Telephone Co , 



Durham and Northern 

North Carolina 

Oxford and ClarksYille 

Norfolk and Western (L. D. Division) 

Pullman Ck) 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock. 

Southern Express Co - — 

Interstate Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co 

Chapel Hill Telephone Co 



858.00 

86.96 

7.00 

10.89 
16.22 
11.18 
19.50 



50 48 
67.83 



5,860.87 

20,799.82 

5,468.78 

7,718.60 



168.90 
87.80 
16.22 
57.95 
246.60 
162.00 
16.00 



59.48 
24 48 
1.288.60 
67.88 
16.80 
12.56 
51.14 



Norfolk and Carolina 

Wilmington and Weldon (Tarboro Branch)... 

East Carolina . 

Albemarle and Raleigh 



10.41 , 21,788.14 



14.88 
18.00 

8.89 



I 



21,650.70 
1,266.92 
5,820.17 



Wilmington and Weldon — 10.15 1 27,684.68 

Pullman Co 



Western Union Telegraph Co 

Southern Railway rolling stock.. 
Southern Express Co 



5ff7.87 
26.95 
61.45 

Battleboro Telephone (3o 15.00 

I 
Carolina Telephone and Telegraph Co i 118.00 

Carolina and Virginia Telephone Co 120.00 

Old Dominion Steamship Co 

Tar River Oil Co 

American Telephone and Telegraph Co. of N. C. 80. 40 




84.08 



$18,088.55 

940,169.88 

5,290.72 

21,279 08 

2,607.84 

157.50 



982,493.07 



60,894.63 

887,865 08 

61,140.98 

150,51289 

2,565.20 

9, 74a. 02 

911.17 

20,009.02 

8.981.29 

4,143.85 

2,084.74 

818. 19 



654,068.86 



226,814.55 

811,837.04 

22,804.65 

51,741.29 

280,998.96 

1,768.57 

88,159.11 

88,245.51 

4,168.72 

400.00 

6,928.99 

5,891.05 

2,000.00 

4,550.00 

2,785.79 



988,589.26 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



45 



STATSKSVT C— Continued. 



County. 



Name of Road or Other Upmpany. 



Dls- 
laDoe. 



Valoatioii 
Per Mile. 



Total 

Assessed 

Value. 



Forsyth 



Franklin . 



Northwestern North Carolina 

Atlantic and Yadkin 

North Carolina Midland 

Norfolk and Western 

Atlantic Postal Telegraph Co 

Western Union Telegraph Co 

Southern Express Co 

Fries Manufocturing and Power Co 

Interstate Telephone and Telegraph Co ^-. 

Mocksville Telephone Co 

Mutual Telephone Co 

Southern Bell Telephone and Telegraph Co 

Wlnston-Salem Gas Light Co 



86.71 
10.77 
18.78 
14 96 
25.80 
184.68 
76.17 



Gaston 



Loulsburg 

Raleigh and Gaston 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Loulsburg Telephone Co 

Southern Express Co 

Carolina and Virginia Telegraph Co 

Henderson Telephone Co 



Carolina and Northwestern 

Carolina Central 

Atlanta and Charlotte Air Line 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co 

Gaston Telephone Co 

Gastonia Telephone Co 

Southern Bell Telephone and Telegraph Co... 



824.60 
15.00 



878.00 



10.00 
12.91 



48.00 
97.20 
10.00 
22.91 
24.00 
148.00 

19.26 
17.50 
23.00 



846,17 
59.76 

124.89 
62.00 

192.00 
20.00 



99,410.96 

8,971.21 

2,727.64 

10,281.20 

24.48 

50.48 

67.83 



16.80 
21.09 



12.66 



5,229.00 
27,960.98 



59.48 
24.48 



67.83 
49.09 
48.16 

8,241.04 
10,956.38 
22,246.12 



59.48 
67.88 
34.06 
23.88 



12.56 



9846,477.20 

96,619.99 

87,450.49 

158,058.78 

680.24 

8,006.21 

5,167.81 

40,294.00 

5.454.57 

816.85 

1,250.00 

4,747.70 

10,000.00 



708,471.84 



52,200.00 
860,976.20 
2,064.28 
2,853.06 
2,874.42 
500.00 
1,554.21 
1,178.28 
6,887.04 



480.607.89 



62,422.88 

191,735.71 

511,660.80 

8,687.47 

20,575.92 

4,054.07 

4,249.66 

1,446.67 

8,500,00 

251.22 



808,583.90 



Digitized by 



Google 



46 



N. C. CORPORATION COMMISSION. 



STATSKBVT C— ContisMd. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



•Gkites. 



'Greene . 



<iuilfoi'd . 



<jJranvIlle 



Norfolk and Carolina 

Suffolk and Carolina 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Albemarle Steam Navigation Co 



14.84 
17.60 



75.00 
14.84 
14.81 



Durham and Northern 

Southern Express Co 

Oxford and Clarksville 

Oxford and Henderson 

Atlantic and Danville 

Western Union Telegraph Co 

North and South Carolina (DIv. Southern Ry.). 

Carolina and Virginia Telegraph Co 

Henderson Telephone Co 



Carolina Telephone and Telegraph Co 

Snow Hill and Fayetteville Telephone Co., 



High Point, Randleman and Asheboro. 

Northwestern North Carolina 

North Carolina - 

Piedmont .__ 

Atlantic and Yadkin 

Pullman Co __ _ 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

American Telephone aud Telegraph Co 

Greensboro Telephone Co - 

Interstate Telephone and Telegraph Co 

Thomasville Telephone Co 

Greensboro Gas <& Electric Light Co.(additional) 

Greensboro Electric Co 

Southern Bell Telephone and Telegraph Co 



22.36 

68.97 

38.15 

5.66 

2.20 

98.50 

878 

86.00 

89.00 

11.00 
9.00 



1189. 
122. 



61.00 



|81«788.14 
3,681.77 



59.48 

1.288.60 

67.88 



5,860.87 

67.88 

5,468.78 

5,454.79 

7,819.51 

59.48 

1,500.00 

49.09 

48.16 

58.72 
18.18 

4,881.44 

9,410.98 

20,799.82 

28,468.61 

8,971.21 



59.43 
24.48 
1,233.00 
67.88 
84.06 



16.80 
32.50 



12.56 



$828,886.00 
68,556.06 



4,457.91 
18,806.64 
1,004.71 
2,025.00 



412,686.32 



181,019.50 

4,638.17 

208,684.02 

30.874. 14 

17,202.92 

5,557.58 

5,595.00 

1,767.38 

1,878.29 



407,196.90 



61.>.94 
163.68 



809.57 



14,839.58 

114,814.01 

694,078.55 

410,729.87 

352,209.91 

8,657.55 

70,681.62 

8,002.22 

41,165.28 

7,074.94 

6,315.09 

10,000.00 

600.74 

162.50 

6,900.00 

62,500.00 

803.86 



Digitized by 



^ 1,804.430.72 



ASSESSMENT OF RAILROAD PROPERTY. 



47 



STATSHSVT C— Coiitinmad. 



CooDty. 



Uailfox 



Harnett . 



Haywood 



Name of Road or Other Company. 



Norfolk and Carolina 18.24 

Raleigh and Oaston 19. 99 

Wilmington and Weldon (Scotland Neck Br.). 25.92 

Wilmington and Weldon 21.98 

Seabonrd and Roanoke 

Pullman Co 

Weatern Union Telegraph Co 470.65 

Atlantic Postal Telegraph Co 76.00 

Southern Railway rolling stock 18.24 

Southern Express Co 81.85 

Battleboro Telephone Co 2.00 

Ca^llna Telephone and Telegraph Co 41. 00 

Henderson Telephone Co ^ — 226.00 

American Telephone and Telegraph Co. of N. C. 148. 20 

i 



Dis- 
tance. 



Wilmington and Weldon ' 

Atlantic and Yadkin I 13.60 

Pullman Co _ L 

Western Tnlon Telegraph Co 50.00 

Atlantic Postal Telegraph Co 147.00 

Cape Fear and Northern— 2.00 

Southern Express Co-_ i 20.02 



Clinton and Dunn Telephone Co 

Wilson and Fayettevllle __ , 

Carolina Telephone and Telegraph Co_, 



Henderson 



Western North Carolina _— — 

Western Union Telegraph Co 

Southern Express Co 

Waynesvllle Telegraph ('o _ 

Southern Bell Telephone and Telegraph Co 



AshevlUe and Spartanburg 

Transylvania— 

Western Union Telegraph Co. 

Pullman Co 

Southern Express Co 



1.00 

6.42 

38.00 

21 57 
21.00 
21.57 
30.00 
28.00 

21.56 
11.57 
92.00 



Valuation 
Per Mile. 



921,788.14 
27,900.98 
8,425.84 
27,684.68 
28,488.98 



50.43 
24.48 
1.283.00 
67.88 
26.66 
58.72 
48.16 
34.08 



ToUl 

Assessed 

Value. 



9288,474.98 

558,989.91 

218,897.89 

007,128.84 

9,116.43 

8,817.K7 

27,968.92 

1,856.58 

16,382.88 

6,518.72 

58.34 

2,407.55 

10,8W.39 

5,042.83 

1,760, 986. OK 



9,538.26 



:e.06 



59.43 
24.48 
2,783.14 
67.83 
38.57 
27,911.26 
58.72 

12,246.02 
50.48 
67.83 

12.56 

8,829.79 

2,722.88 

59.43 



67.83 



129,652.37 

961.5*5 

2,971.94 

8,500.93 

5,466.28 

1,358.15 

38.58 

179,190.31 

1,937.80 



325,168.31 



264, 159. .>S 

1,248.22 

1,463.30 

2,000.00 

351.70 



269,222.80 

190,370.38 

31,497.99 

6,501.08 

3,366.82 

2,242.78 



Digitized by 



Google 



48 



N. C. CORPORATION COMMISSION. 



8TATEKSVT C— Contiaved. 



CouDty. 



Name of Road or Other Company. 



Hender8on-(Con.) Ashevllle Telephone Co 

Southern Bell Telephone and Telegraph Co 



Hertford 



Norfolk and Carolina 

Pullman Co 

Western Union Telegraph Co 

Wellington and Powellavllle 

Southern Railway Rolling Stock.. 
Southern Express Co 



Hertford Telephone Co 

Albemarle Steam Navigation Co 

Chowan and Aulander 



Hyde. 



Washington and Hyde County Telephone Co_. 

Fairfield Canal and Turnpike Co _ 

Old Dominion Steamship Co 

Fairfield and Elizabeth City Transpor'tlon Co. - 



Dis- 
tance. 



Valuation 
Per Mile. 



22.00 I $210.06 
42.00 12.66 



14.58 



70.00 
4.00 
14.58 
14.58 
28.00 



10.10 



9.00 



Iredell I StateBville and Western. 



I 



11.20 
4.00 
20.11 



North Carolina Midland 

Western North Carolina 

Atlantic, Tennessee and Ohio 21.60 

Pullman Co _. 



Western Union Telegraph Co 

Southern Express Co __ 

Southern Bell Telephone and Telegraph Co_ 

Taylorsville Telephone Co 

Mooresvllle Telephone Co 

Statesville Telephone Co. 



Jackson 



Western North Carolina 22.89 

Western Union Telegraph Co ' 28.00 

Southern Express Co 22.89 

Wm. J. Strlbbllng Telephone Co ' 12. OO 



21,788.14 



59.48 
1,920.00 
1,238.60 

07.88 



2,195.65 



25.00 



8,812.86 
2,727.64 
12,246 62 
8,425.88 



125.00 


59.48 


52.91 


67.88 


44.00 


12.56 


11.00 


26.09 


171.00 


24.56 


45.00 





12,246.62 
59.43 
67.88 
20.00 



Total 

Assessed 

Value. 



$4,621.85 
527.51 



288,181.39 



816,681.68 



4,160.72 

7,680.00 

17,924.22 

985.78 

475.00 

2,025.00 

22,176.09 

372,006.44 

225.00 
7,650.00 
7,166.68 
1,500.00 
16.541.68 



37,104.13 

18,365.43 

246,279.51 

181,987.20 

3,206.50 

7,429.85 

3,589.39 

552.66 

286.96 

4,200.88 

4,000.00 



502,002.46 



280,825.12 

1,867.09 

1.552.86 

240.00 



283.485.07 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



49 



8TATEMEHT C—Continned. 



Coanty. 



Johnstoa . 



Name of Road or Other Company. 



Dis- 
tance. 



I 



Valuation 
Per Mile. 



! Total 
Assessed 
Value. 



Midland North Carolina -J 12.71 

North Carolina— 26.24 

Pullman Co ! — 

Western Union Telegraph Co | 362.00 

] Carolina Telephone and Telegraph Co 42. 00 

AUantic Postal Telegraph Co 1 7.00 

I Southern Railway rolling stock — 26.74 



Jones 



Lenoir . 



Lincoln 



Macon. 



Southern Express Co., 



Interstate Telephone and Telegraph Co , 58. 20 

Wilson and Fayetteville | 30.88 

I 

Atlantic and North Carolina ; 4.00 

Wilmington and NewBern - I 15.79 

Western Union Telegraph Co -j 15.50 

16.20 
34 00 



Southern Express Co 

Henderson Telephone Co . 



Wilmington and Weldon (Scot. Neck Branch). 

Atlantic and North Carolina 

Western Union Telegraph Co 

Southern Express Co 

Carolina Telephone and Telegraph Co — 

Carolina and Virginia Telephone Co 

Henderson Telephone Co 



Carolina and Northwestern — 

Carolina Central 

Western Union Telegraph Co.. 

Southern ExpreM Co 

Gaston Telephone Co 



Southern Express Co 

Western North Carolina 

Western Union Telegraph Co 

Wm. J. Strlbbllng Telephone Co 



11.07 
19.00 
48.00 
28.07 
70.00 
22.00 
38.00 



14.26 I 



18.00 I 

I 
29.86 

16.00 



2.57 
2.67 
2.00 
8.00 



SS,299.79 


$42,089.34 


20,799.82 


.>45,774.35 





8,817.88 


69.43 


20,922.46 


58.72 


2,466.28 


24.43 


171.00 


1,283.60 


32,986.49 


67.88 


4,739.26 


16.80 


893.96 


27,911. 2<5 


M}1,8S)9.75 
1,5-20, 710. 7G 


7,729.79 


30,919.16 


5,785.80 


91,537.84 


59.43 


921.30 


67.83 


1,101^.09 


48.16 


1,637.49 





126,118.88 


8,425.84 


93,274.08 


7,729.79 


146,866.02 


50.43 


2,655.87 


67.83 


1,904.27 


58.72 


4,110.44 


49.09 


1,080.06 


48.16 


1,880.18 




251,620.86 


8,241.04 


46,217.19 


10,966.88 


170,918.89 


69.48 


1,060.90 


e7.83 


2,025.70 


23.33 


878.85 
220,604.88 


67.88 


174.87 


12,246.62 


81,478.80 


50.48 


118.89 


20.00 


160.00 




31,927.06 



Digitized by 



Google 



< 



50 



N. C. CORPORATION COMMISSION. 



STATEHEVT C— Contianed. 



Ck)unty. 



MadlsoQ . 



^Martin . 



McDowell . 



Mecklenburg... 



Name of Road or Other Company. 



Western Union Telegraph Co.. 

Western North Carolina 

Pullman Co „. 

Southern Express Co 

Madison Telephone Co 



28. »0 
7.00 

17.40 

34.42 

.42 

Western Union Telegraph Co 120.00 

Roanoke and Tar River Steamboat Co | 

Southern Express Co j 51.88 

Willlamston Telephone Co — 70.00 



WlLand Weldon (Scotland Neck Branch). 

Albemarle and Raleigh Branch 

Wil. and Weldon (Washington Branch) 



HI* 
tan«e. 



112:09 
28. a> 



Va) nation 
Per Mile. 



South Carolina and Georgia _. 

Western North Carolina 

Pullman Co 

Western Union Telegraph Co., 
Southern Express Co— 

Burke County Telephone Co... 



13.80 
82.24 



158.10 
45.51 
11.00 
Marion Telephone Co — 6 00 



Charlotte Consolidated Construction Co... 

Charlotte, Columbia and Augusta 

Carolina Central - 

North Carolina 

Atlantic, Tennessee and Ohio — 

Atlanta and Charlotte Air Line 

Southern Railway rolling stock 

Atlantic Postal Telegraph Co — 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co 

American Telephone and Telegraph Co... 

Charlotte Telephone Co 

Oaston Telephone Co 



11.48 
28.90 
11.90 
28.40 
11.42 
11.90 
22.10 



787.07 
82.10 
205.05 
420.00 
54.00 



$50.48 
12,246.82 



«7.88 
41.66 

8,425.84 

5,820.17 

6,297.15 

50.48 



67.88 
35.29 

5,M86.5I 
12,246.62 



50.48 
67.88 
36.29 



22,068.57 
10,056.88 
20,799.82 

8,425.88 
22,246.12 

1,283.60 
24.48 



50.48 
67.88 
84.06 



28.88 



Total 

Assessed 

Value. 



96,657.14^ 

846,579.38 

4,489.10 

1,919.87^ 

291.67 

l59,937Tn 



146,609.6i< 
200,390.17 
2,644.80 
7,182.65 
12,800.00 
3,485.50 
2,470.60- 



876,473.40. 



72,971.04 
884,83L0l 
5>130.40 
9,100.08 
8,.089.41 
899.20 
2,000.00 



487,521.14 



150,310.00 

258,175.00 

261,856.10 

247,511.90 

197,152.80 

251,060.72 

14,679.85 

589.86 

7,695.60 

46,782.47 

5,509.61 

7.007.89 

8,500.00 

1,260 01 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



51 



8TATEHSVT C—Continned. 



County. 



Mecklenburg— 

(Con.) 



Mitchell -„ 



Montgomery. 



Moore > 



Nash. 



Name of Road or Other Company. 



Dis- 
tance. 



Southern Bell Telephone Co . 
MooresvHle Telephone Co 



East Tennessee and Western North Carolina 

Llnvllle River 

Western Union Telegraph Co 

Fosque and Montezuma 



Aberdeen and Ashboro- 
Southern Express Co — 
Ashboro Telephone Co .. 
Durham and Charlotte.. 



Carthage _ 

Halelgh and Augusta Air Line 

Aberdeen and Ashboro... 

Atlantic and Yadkin (Southern) ... 

Atlantic and Yadkki (A. C. L.) 

Jackson Springs Railroad 

Aberdeen and Rockflsh 

Pinehurst (Southern Ry.) 

Pullman Co 

Western Union Telegraph Co 

Southern Express Co. 

Durham and Charlotte — 

Carthage Telegraph Co 

Carthage Telephone Co 



Wilmington and Weldon (Nashville Branch). 

Wilmington and Weldon 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Carolina and Virginia Telephone Co 

Batlleboro Telephone Co . 



American Telephone and Teleg. Co of N. C. 



741.00 
2.00 

8.00 
12.00 

5.00 
41.00 

89.75 

21.25 

15.00 

2.48 

18.50 
38.50 
23.00 
8.39 
10.40 
4.10 
3.00 



139.50 
84.87 
26.00 
8.00 
18.50 

19*20 
11.18 



19.00 
8.20 
80.88 
136.00 
18.00 
70.20 



Valuation 
Per Mile. 



S12.56 
24.56 

4,141.17 

1,011.25 

59.43 



2,701.80 
67.83 
19.23 

2, 143. 11 

2,474.82 
15,808.52 
2,701.80 
8,971.21 
9,533.26 
1,760.00 
2,128.09 



59.43 

67.88 

2,143.11 

105.00 



4,897.18 
27,684.68 



60.48 
1,288.60 
67.83 
49.09 
26.66 
84.08 

Digitized by 



Total 

Assessed 

Value. 



99,806.98 
49.17 



1,460,448.14 



12,523.51 

12,185.00 

297.19 

142.00 



25,097.70 



107,876.79 
1,645.12 

288.47 
5,314.92 



114,625.3 



46,775.00 

608,627.88 

62,129.97 

80,412.42 

99,145.92 

7,175.00 

6,384.29 

4,540.00 

6,092.85 

8,291.71 

5,723.60 

55,720.88 

315 00 

400.00 



940.734.02 



84.425.89 
309,514.12 
1,768.57 
1,129.84 
8,947.58 
2,060.97 
6,076.54 
846.66 
2,888.73 



412,253.85 



Coogle 



52 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continiied. 



County. 



New Hanover . 



Northampton 



Onslow. 



Name of Road or Other Company. 



New Hanover Transit Co 

Carolina Central 

Wilmington and New Bern 

Wilmington and Weldon 

Atlantic and Yadkin 

Wilmington and Brunswick County Junction 

Pullman Co 

Western Union Telegraph Co , 

Atlantic Postal Telegraph Co 

Wilmington Railway Bridge (8. A.L.)-_ 

Wilmington Dummy Line (A. C. L. ) 

Southern Express Co 

Interstate Telephone and Telegraph Co 

Southern Bell Telephone and Telegraph Co 

Merchants and Farmers Steamboat Co 

L H. Hawkins, steamer 

Walter Taft, steamer 

Charles Wessel, steamer 

Wilmington Sewerage Co 

Diamond Steamboat and Wrecking Co 

Consolidated Railways, Light and Power Co. 



Petersburg 

Northampton and Hertford 

Roanoke and Tar River 

Seaboard and Roanoke 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co .,^ — 

Southern Express Co 

Con way-Boy kins Telegraph Co 

Henderson Telephone Co 



Jackson and Rich Square Telephone Co 

Amer. Telephone and Telegraph Co. of N. C — 



Wilmington and New Bern — 
Western Union Telegraph Go.. 



Dis- 
tance. 



4.00 
1.01 
11.92 
9.42 
5.18 
1.20 



191.56 

4.00 

2.86 

1.25 

88.60 

890.00 

799.00 



7.08 
8.70 
24.70 
17.97 



815.00 
41.60 
60.72 
8.00 
8.00 
19.00 
52.20 

86.81 
86.00 



Valuation 
Per Mile. 



$2,750.00 
10,956.88 
5,785.80 
27,684.68 
9,588.26 
5,000.00 



59.43 

24.48 

20,838.88 

5,800.00 

16.80 
12.56 



27,881.84 
2,710.68 
8,412.77 

28,488.06 



50.48 
24.48 
67.88 



48.16 



84.08 



5,786.80 
60.48 



Total 

Assessed 

Value. 



$ll,000.0(y 

11,065.89 

68.966.78 

260,789.18 

48,905.64 

6.000.00- 

1,442.98 

11,386.08 

97.71 

49,166.67 

7,250.00- 

2,285.52 

6,704.77 

10,086.56 

7.000.00 

800.00 

700.00 

600.00 

9,000.00 

8,000.00 

184,425.00 



700,122.7a 



105,667.86 

23,682.50 

207,796.42 

511,946.05^ 

4,006.12 

18,728.21 

1,016.22 

8,440.82^ 

300.00- 

885.29 

185.00 

1,776.24 



968,816.7a 



210,082.52 
2.189.80 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



53 



8TATEMSVT C— Cdntiniied. 



County. 



Onslow— (Con.) — 



Orange.. 



Pamlico . 



Paeqnotank. 



Pender.. 



Name of Road or Other Company. 



Soathem Express Co 

A. E. K. Marine, steamer Lillian Annie.. 



North Carolina 

State University Railroad 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Interstate Telephone and Telegraph Co 

Chapel Hill Telephone Co 

Mebane-RidgevUle Telephone Co 

Southern Bell Telephone and Telegraph Co 



Pamlico-Beaufort Telephone Co. 
Old Dominion Steamship Co 



Norfolk and Southern 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telephone Co... 

Southern Express Co 

Camden Telephone Co 



Elizabeth City Telephone Co 

Lake Drummond Canal and Water Co 

Old Dominion Steamship Co 



Wilmington and New Bern 

Wilmington and Weldon __. 

Atlantic and Yadkin 

Pullman Co '. 

Western Union Telegraph Co 

Southern Express Co 

Interstate Telephone and Telegraph Co 

W. H. Ward, steamer 

Ellis Sherman, steamers 



Dls- Valuation 
tanoe. Per Mile. 



86.21 



17.27 
10.14 



106.00 
84.40 
17.27 
27.87 
25.60 
28.00 
10.00 
28.00 

57.00 



12.57 
13.00 
20.00 
12.57 
4.00 
30.00 



12.75 
25.19 
21.90 



809.00 
62.88 
8.00 



167.88 



20,799.82 
2,470.81 



50.43 
24.48 
1,288.60 
67.88 
16.80 
51.14 
18.57 
12.56 

24.17 



Total 

Assessed 

Value. 



14,396.79 
59.48 
41.51 
67.88 
45.45 



5,785.80 
27,684.68 
9,588.26 



59.48 
67.88 
16.80 



$2,468.26 
1,000.00 



215,685.58 



850,204.88 

25, MO. 00 

2,725.58 

6,419.89 

840.88 

21,804.29 

1,877.18 

480.18 

1,481.81 

• 185.71 

351.60 



419,819.44 



1,377.49 
8,966.66 



5,344.15 



180,967.60 

772.71 

880.20 

852.76 

181.88 

7,500.00 

8,000.00 

2,166.00 



201,271.19 



78,760.00 

697,875.71 

208,778.44 

4,006.13 

18,866.58 

4,262.35 

184.42 

1,000.00 

1,000.00 



1.008,094.63 



Digitized by 



Google 



54 



N. C. CORPORATION COMMSSION. 



STATEHEITT C—Continned. 



County. 



Perquimans.^ 



Person . 



Pitt. 



Polk. 



Randolph 



Name of Road or Other Company. 



Norfolk and Southern 

Western Union Telegraph Co 

Elizabeth City and Norfolk Telegraph Co.. 

Southern Express Co 

Perquimans River Line 



Atlantic and Danville 

Norfolk and Western {L. D. D.)-— 

Western Union Telegraph Co 

Southern Express Co 



Wilmington and Weldon 

Albemarle and Raleigh 

Wilmington and Weldon (W. B.) 

East Carolina 

Western Union Telegraph Co 

Southern Express Co 

Carolina and Virginia Telephone Co 

Snow Hill and Farmville Telephone Co 

Moccasin River Steamboat Co 

Old Dominion Steamship Co 

Carolina Telephone and Telegraph Co 

Henderson Telephone Co 



Asheville and Spartanburg 

Southern Express Co 

Western Union Telegraph Co — 

Pullman Co 

Asheville Telephone Co 

Southern Bell Telephone and Telegrajlh Co — 



High Point, Randleman and Ashboro. 

North Carolina 

Atlantic and Yadkin — 

Aberdeen and Ashboro 

Pullman Co 



Dis- 
tance. 



Valuation 
Per Mile. 



16.30 SU,896.79 



16.00 
18.00 
16.80 



5.20 
22.19 
58.00 
27.89 

81.43 

6.71 

18.35 

6.52 

134.00 

63.49 

189.00 

2.00 



14.00 
38.00 

10.00 
10.00 
40.00 



15.00 
16.00 

28.74 

.60 

80.49 

14.00 



59.48 
41.51 
67.83 



7,819.51 

7,718.60 

50.48 

67.88 

8,425.84 

5,820.17 

6,297.15 

1,266.92 

59.48 

67.83 

49.09 

18.18 



58.72 
48.16 

8,829.79 
67.88 
50.48 



210.06 
12.56 

4,881.44 

20,799.82 

8,971.21 

2,701.80 



Total 

Assessed 

Value. 



9284,607.73 

951.02 

747. 17 

1,106.80 

2,500.00 



289,971.72 



40,661.4& 

171,275.68 

3,447.45 

1,858.14 



217,242.78 



264,824.27 

89,058.8S 

115,552.72 

8,260.8& 

7,964.80 

4,807.12 

6,823.80 

86.37 

1,700.00 

8,250.00 

822.11 

1,880. IS 



454,425.00 



88,287.94 

678.42 

2,877.6S 

1,6Q6.2& 

3,151.20 

200.97 



96,809.80 



115,885.42 
12,479.60 

273,582.85 
87,818.24 

160. sa 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



55 



STATEHENT C— Continaed. 



County. 



Randol ph— (Con. ) 



Richmond. 



Robeson . 



Rockingham.^ 



Name of Road or Other Company. 



Western Union Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

Ashboro Telephone Co ~ 

Thomasvllle Telephone Co 



Carolina Central 

Palmetto _ 

Raleigh and Augusta Air Line . 

Southern Express Co 

Pullman Co 



Western Union Telegraph Co.. 
Atlantic Postal Telegraph Co,. 



Dis- 
tance. 



87.50 

.00 

70.88 

.iO.OO 

2.00 

16. S7 
7.00 
28.62 

78.52 



Valuation 
Per Mile. 



150.89 
12.60 



Carolina Electric Co 

Carolina Central 

Atlantic and Yadkin 

Carolina and Northern 

Red Springs and Bowmore 

Southeastern 

Pullman Co 

Western Union Telegraph Co.. — 

Atlantic Postal Telegraph Co 

Southern Express Co 

Aberdeen and Rock Fish 

Carolina Telegraph and Telephone Co., 

Lnmberton Telephone Co 

Wilson and Fayettevllle 



Danville and Western. 

Piedmont 

Norfolk and Western . 
Atlantic and Yadkin.. 
Pullman Co 



Southern Express Co 

Western Union Telegraph Co. 



30.60 
24.78 
20.76 
15.00 
21.21 



841.00 
106.24 
95.69 
9.00 
64.60 
56.00 
84.70 

7.80 
21.20 
20.02 
10.44 



59.86 
666.66 



$59.48 

1,233.60 

67.88 

19.28 

32.50 

10,956.83 
2,387.46 

15,808.52 
67.83 



59.43 
24.43 



10,956.83 
9,583.26 
2,486.82 
980.95 
2,219.49 



59.43 
24.43 
67.88 
2,128.09 
58.72 



27,911.28 

2,658.88 
28,468.61 
10,281.20 

8,971.21 



Total 

Assessed 

Value. 



67.88 
66.43 



95,200.80 

740.17 

4,771.14 

961.58 

65.00 



461,614.67 



181,546.88 
16,362.21 
378,397.15 
5,326.74 
5,130.40 
9,478.94 
805.86 



601,642.12 



1,000.00 

336,263.58 

286,234.23 

51,620.00 

14,714.29 

47,076.34 

6,461.06 

20,268.62 

2,614.10 

6,491.72 

19.152.86 

3,787.47 

8,000.00 

968,520.77 



1,716,224.06 



20,700.00 
608,428.60 
204,828.65 
98,669.49 
3,866.88 
4,026.96 , 
89,624.86 



Digitized by 



Google 



^6 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



Ck>uDty. 



Rockingham— 

(Con.) 



Rowan. 



Rutherford . 



Sampson . 



Stanly . 



Name of Road or Other Company. 



Atlantic Postal Telegraph Co— 

American Telephone and Telegraph Co . 
Reidsvllle Telephone Co 



North Carolina -..— 

Western North Carolina ■. 

North Carolina Midland 

Yadkin 

Pullman Co , 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock 

Southern Express Co 

American Telephone and Telegraph Co 

Salisbury Telephone Co 

Salisbury Gas and Electric Co 

Concord Telephone Co 

Southern Bell Telephone and Telegraph Co — 



Carolina Central 

South Carolina and Georgia... 
Western Union Telegraph Co.. 

Southern Express Co 

Rutherfordton Telephone Co.. 
Forest City Telephone Co 



Wilmington and Weldon (Clinton Branch) — 

Southern Express Co — - 

Atlantic and Yadkin 

Western Union Telegraph Co 

Clinton-Dunn Telephone Co 



Yadkin 

Southern Express CJo 

Western Union Telegraph Co... 
Albemarle Telephone Co 



Di«- Valuation 
tance. 1 Per Mile. 



89.40 I f31.4& 
127.88 I &I.Qa 

80.00 I 31.82 



I 
20.80 
17.52 I 
17.20 i 
16.66 I 

908.10 I 
M.80 I 
20.60 

54.78 I 
113.08 ' 

i 



20, 79ft. 82 
12,246.02 
2,727.64 
8,217.93 

59.48 
24.43 
1,233.60 
67.83 
34.08 



5.00 
20.00 ' 



15. ?2 
27.60 



42.60 
85.00 
26.00 

10.43 
40.85 
88.92 
96.00 
41.00 

28.19 
23.19 
23.00 
87.00 



40.00 
12.56 

10,966.88 

5,486.M 

50.48 

67.88 



4,362.85 
67.88 

9,683.26 
50.43 
38.57 

3,217.93 
67.88 
59.48 
50.00 



Total 
Value. 



9962.47 
4,851.41 
2,545.45 



977,494.61 



428,466.14 

214,560.78 

46,915.41 

58,610.66 

6,092.8^ 

68,679.15 

1,820.45 

25,412.18 

3,716.25 

3,847.80 

13,500.00 

11,000.00 

200.00 

251.21 



862,572.88 



172.288.45 
150,879.98 
3,144.30 
2,888.18 
2.500.00 
1,625.00 



333,265.91 



45,504.00 

3,847.88 

871,084.54 

6,706.12 

1,581.42 



427,174.56 



74,623.73 
1,578.21 
1,367.00 
1,860.00 



79,414.08 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



57 



STATEKEffT C— Contimed. 



Ctounty. 



Stokes. 



Scotland _ 



Name of Road or Other Company. 



I Diu- 
j tance. 



Atlantic and Yadkin.. 
Norfolk and Western . 



20.80 
10. e? 
7100 



Western Union Telegraph Ck) 

Southern Express Co 31. 47 

i 

Red Springs and Bowmore I 6.00 

Atlantic and Yadkin ' 9.66 

Atlantic Postal Telegraph Co ' 108.90 

Cherawand Darlington ' .37 

Raleigh and Augusta - i 5. 11 

Western Union Telegraph Co 101.61 

Carolina Central I 16.50 

Southern Express Co > , 17.21 

Hasty Telephone Co ' 6.50 



Surry . 



I Atlantic and Danville 17.40 

I Mt. Airj- and Yadkin 5.00 

I Northwestern North Carolina 38.13 

! I 

I Southern Express Co ; 62.55 

I Western Union Telegraph Co I 68.00 

Wilkin Electric Co I 28.00 



Swain. 



Tyrrell 



I Western North Carolina ' 88.36 

Southern Express Co | 88.36 

Western Union Telegraph Co 39. 00 

Tyrrell County Telephone Co.. I 6.00 



Union 



Georgia, Carolina and Northern . 

Southern Express Co 

Carolina Central 1 

Pullman Co 

Western Union Telegraph Co 

Monroe Telephone Co 



14.40 
39.80 
25.50 



203.90 



Valuation 
Per Mile. 



I8«971.21 

10,231.20 

50.43 

67.88 

980.96 

9,583.26 

2i. 4S 

4,548.72 

15,808.52 

50.43 

10,956.33 

67.83 



8,971.21 

1,430.00 

9,410.98 

67.83 

50.43 

29.41 

12,246.62 
b7.88 
59.43 

44.44 

10,328.85 

67.88 

10,956.38 



59.43 



Total 

Assessed 

Value. 



3186,001.27 

109,166.95 

4.898.47 

2,134.92 



302,301.61 



5,885.71 

92,091.30 

2,660.22 

1,683.02 

80,781.51 

6,039.58 

169,823.06 

1,167.33 

125 00 



360,256.73 



156,009.14 
7,150.00 

811,785.88 

3,564.96 

4,041.87 

676.48 



483,318.30 



409,780.33 
2,602.80 
2,818.11 



474,700.74 



266.66 



148,785.47 
2,700.02 

279,386.32 
6,252.68 
12,119.57 
2,100.00 



451,294.06 



Digitized by 



Google 



i 



58 



N. C. CORPORATION COMMISSION. 



STATEMEVT C— Continued. 



County. 



Vance . 



TransylvaDla .— 



Name of Road or Other Company. 



Durham and Northern 

Oxford and Henderson 

Raleigh and OoBtou 

Pullman Co 

Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Express Co 

Henderson Telephone Co 

Henderson Light and Power Co.. 



Southern Express Co — 
Transylvania Railway . 



I 



Wake Durham and Northern 

Cape Fear and Northern 

North Carolina _ 

Raleigh and Cape Fear 

Raleigh and Augusta 

Raleigh and Gaston 

Southern Railway (depot) ... 
Pullman Co 



Warren. 



Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

Southern Railway rolling stock.. 

Southern Express Co 

Henderson Telephone Co 

Interstate Telephone and Telegraph Co 

Raleigh Telephone Co 

Southern Bell Telephone and Telegraph Co 

Standard Gas and Electric Co 

Wake Water Co ._ 



Dis- Valuation 
tance. Per Mile. 



7.50 
7.06 
30.85 



96.00 
162.40 

35.41 
183.00 



19.10 
19.30 

1.15 
18.00 
80.22 
18.50 
28.50 
18.74 



365.84 

298.80 

27.52 

78.00 

11.00 

482.40 

800.00 

438.00 



Raleigh and Gteston . 

Seaboard Air Line 

Warrenton 

Pullman Co 



Western Union Telegraph Co.. 



28.71 
7.00 
8.00 



129.00 



15.860.87 
5,4&4.79 
27,960.98 



59.48 
24.43 
67.83 
48.16 



Total 

Assessed 

Value. 



67.83 
2,722.88 

5,860.87 
2,738.14 
20,799.82 
2,864.67 
15,808.52 
27,960.98 



59.48 
24.48 
1,288.00 
67.88 
48.16 
16.80 



12.56 



27,900.96 
16,717.49 
8,146.60 



50.48 



$43,956.66 
:«,510.86 

582,986.85 
3,206.50 
5,706.12 
3,967.18 
2,402.20 
8,813.48 
2,500.00 



692,049.30 



1,295.76 
52,542.01 



58,837.76 



6,740.01 

49,196.47 

628.565.67 

52,997.50 

371,500.14 

528,968.69 

10,000.00 

10,100.48 

21,745.06 

7,176.98 

33,948.69 

4,952.27 

529.78 

8,106.22 

10,000.00 

5,601.29 

24,620.00 

25,000.00 



1,794,650.27 



662,954.74 

U0,022.42 

9,440.00 

8,687.47 

7,667.60 



Digitized by 



Google 



ASSESSMENT OP RAILROAD PROPERTY. 



59 



STATBHBNT C — Contixiiied. 



County. 



Warren— (Ck>n.)- 



Watauga _ 



Washington. 



Wayne 



Wilkes^ 



Wilson 



Name of Road or Other Company. 



Atlantic Postal Telegraph Co. 

Southern Express Co 

Henderson Telephone Co 



Lenoir and Blowing Rock Telegraph Co.. 
Moore Telephone Co 



Norfolk and Southern 

Albemarle and Raleigh ._ 

Western Union Telegraph Co 

Southern Express Co 

Tyrrell County Telephone Co 

Washington County Telephone Co 

Washington and Plymouth 



Dls- Valuation 
tance. Per Mile. 



189.20 
81.20 
119.00 



Total 

Assessed 

Value 



92148 
e7.88 
48.16 



$4,621.80 
2,116.60 
5,781.16 



Midland North Carolina 

Atlantic and North Carolina 

North Carolina 

Wilmington and Weldon 

Pullman Co 

Western Union Telegraph Co i 

Southern Express Co 

Interstate Telephone Co 

Carolina Telephone and Telegraph Co.. 
Qoldsboro Naylgation Co 



Northwestern North Carolina- 
Western Union Telegraph Co._, 

Southern Express Co 

Wilkin Electric Co 



Wilmington and Weldon 

Pullman Co 

Western Union Telegraph Co 

Southern Railway rolling stock. 



6.00 

18.00 
8.87 
12.00 
21.87 
3.00 
80.00 
14.89 

8.76 
11.00 
10.47 
29.76 

849.76 
58.99 

145.50 
12.00 



18.11 
18.00 
18.11 
62.00 

19.81 



814.60 
24.60 



18.18 

14,896.79 

5,820.17 

50.48 

67.88 

44.44 

1,668.16 

8,299.79 
7.729.79 
20,799.82 
27,684.68 

50.48 
67.88 
16.80 
58.72 



806.241.79 

49.10 
109.11 



158.21 



9,410.96 
50.48 
67.88 
20.41 

27,684.68 



50.48 
1,288.60 




28,906.18 

85,027.69 

217,768.95 

828,894.45 

4,649.43 

20,789.90 

4,001.85 

2,444.97 

rw.68 

1,600.00 



1,189,787.50 



170,482.91 
1,060.90 
1,228.59 
1,823.52 



174,554.92 



548,482.48 

4,800.75 

18,704.79^ 

80,846.68- 



Digitized by 



Google 



60 



N. C. CORPORATION COMMISSION. 



8TATEMBVT C— Contixiiied. 



CJounty. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Asaessed 

Value. 


Wilson— (Ck)n.) .. 


Southern Express Co.. 

Wilson and Fayettevllle 


81.27 
11.46 
18.50 
120.00 

15.00 


167.88 
27,911.26 

84.06 

• 

58.72 
21.00 


«2,121.35 
819,863.06 




Amer. Telephone and Telegraph Co. of N. C. .. 
Carolina Telephone and Telegraph Co 

Mocksvllle Telephone Co 


450.40 

7,016.44 

981,788.80 


Yadkin 


816.35 










816.85 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



61 



8TATBMXVT 



B— The FoUowIb; Table Sbowi Lift of Towne with ApportioiimeBt to 
Baeh, lOOa. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Albemarle 


Yadkin 

Western Union Telegraph Co 

Norfolk and Carolina . 


1.00 

.80 

.46 
1.00 
1.48 

.41 
.50 
1.07 

.60 

.50 
1.00 

.50 
3.00 

1.54 
26.78 

.92 

l.(H 

6.80 

.40 

.86 
.80 

.50 
6.80 


$3,217.93 
50.48 

21,788.14 

1,920.00 

50.43 

4,881.44 

2,701.80 

59.48 

0,588.28 

2,701.80 
15,806.52 
2,128.00 

12,246.62 
50.48 

2,783.14 

15,806.52 

50.48 

2.788.14 

8,425.84 
50.48 

27,684.02 
50.48 


$3,217.93 
47.55 




3,265.48 


Ahotkle 


10.022.55 




Wellington and Powellflvllle 


1,920.00 




Western Union Teleffranh Co ._..- 


87.97 




High Point, Randleman and Ashboro 






12,080.62 


Ashboro 


2,001.30 




Aberdeen and Ashboro 


1,350.65 




Western Union Telegraph Co 

Atlantic and Yadkin 

Aberdeen and Ashboro — — - — - - 


68.60 




3,415.64 


Autryvllle 


5,719.90 




5, 719. Oft 


Aberdeen 


1 350.65 




Raleisrh and Aasrusta - - - .— 


15,808 52 

1,061.04 

178.32 




Aberdeen and Rock Fish «— 

Western Union Telegraph Co 

Western North Carolina 

Western Union Telegraph Co 




18,401.58 


Ashevllle 


18,850.79 




1,501,77 
20,451.56 




Cape Fear and Northern 


Angler -. 


2,514 49 




Raleigh and Augusta Air Line 

Western Union Telegraph Co 

Cape Fear and Northern.. . 

Wilmington and Weldon (Scotland Neck Br.). 
Weetem Union Telegraph Co 

Wilmington and Weldon 

Western Union Telegraph Co 




2,514.40 


Apex 


16,440.85 

374.45 

1.098.26 




17,908.66 


Ayden 


8,088.80 
17.83 




3,051.18 


Bettleboro . 


18,842.82 
400.58 




14,251.85 







Digitized by 



Google 



62 



N. C. CORPORATION COMMISSION. 
STATEHEHT D^-Continiied. 



Town. 


Name of Road or Other Company. 


Dis. 
tance. 


ValuaUon 
Per Mile, 


Total 

Assessed 

Value. 


Boyette 


Wilmington and Weldon (Fayetteville Branch) 

Wilmington & Weldon (Wilson A Fayetteville) 
Western Union Telegraph Co 


.50 

.50 
2.50 

1.00 

.51 
4.77 

1.00 

2.00 
2.00 
10.00 
4.00 

.80 

1.00 
.80 

.50 

.27 
.27 

2.96 
42.60 

.75 


«27,911.26 

27,911.26 
50.48 

12,246.62 

27,684.62 
59.48 

2,701.80 

1,238.60 

20,799.82 

59.43 

24.43 

12,246.62 

12,246.62 
50.48 

22,246.12 

6,820.17 
50.48 

22,246.12 
59.43 

2,722.88 


118,955.63 








13,955.63 


Benson 


18,965.63 
148.60 






Western North Carolina 






14,101.23 


Black Mountain. 


12,246.62 




Wilmington and Weldon 




12,246.62 


Black Creek 


14,119.16 
288.52 




Western Union Telegraph Co 




Aberdeen and Ashboro.. 

Southern Railway rolling stock.. 






14,402.68 


Biscoe 


2 701 30 








2,701.30 


Burlington . 


2,467.20 




North Carolina 

Western Union Telegraph Co 

Postal Telegraph Co , _ 


41,508.65 

504.39 

97.71 




• 
Western North Carolina . 






44,757.95 


BUtmore 


8,678.98 
3,678.98 




Western North Carolina 

Western Union Telegraph Co 

Atlanta and Charlotte Air Line 


Bryson City 


12,246.62 

47.55 

12,294.17 


Belmont — 


11 123 06 




Albemarle and Raleigh 

Western Union Telegraph Co 






11,128.06 


Bethel 


1,671.45 
16.(6 




Atlanta and Charlotte Air Line _ 






1,587.50 


Bessemer City 


65,848.52 
2,536.11 




Western Union Telegraph Co.. 




■ 
Transylvania Railway 




68,874.63 


3revard 


1 901 78 










1,991.78 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



63 



8TATEMEVT D— Continned. 



Town. 



Burgaw 



Charlotte . 



Name of Road or Other Company. 



Carthage . 



Catawba - 



Cherry vl He.. 



Cerro Gtordo-, 



Wilmington and Weldon 

Western Union Telegraph Co.. 



Cameron 



Conoho . 



Dis- 
tance. 



Valuation 
Per Mile. 



1.00 827,61*4.82 
3.30 30.43 



Atlanta and Charlotte Air Line — 1.85 

Atlantic Postal Telegraph Co — 6.94 

Atlantic, Tennessee and Ohio— .-. ' 1.45 

Charlotte, Columbia and Augusta ' .40 

Carolina Central —J 1.10 

North Carolina - \ 1.29 

Southern Railway rolling stock j 1.29 

Western Union Telegraph Co 68.52 



Carthage . 



Carthage 

Raleigh and Augusta Air Line . 
Western Union Telegraph Co 



Wilmington and Weldon (Scotland Neck Br.). 



North Carolina Railroad. 



Carolina Central 

Western Union Telegraph Co 



Wilmington, Columbia and Augusta 



Candor , 



Clayton - 



Aberdeen and Ashboro.. 



North Carolina 

Southern Railway rolling stock. 
Western Union Telegraph Co 



1.00 

.50 
1.20 
2.79 

1.74 

1.00 

1.00 
1.16 



.50 

1.06 
1.06 
7.91 



22,246.12 

24.43 

8,425.83 

22,058 67 

10,956.83 

20,799.32 

1,283.60 

60.43 

2,474.32 

2.474.32 

15,808.52 

69.48 

8,425.84 

12,216.62 

10,056.88 
50.48 

11,801.89 

2,701.80 

20,799.82 

1,288.60 

50.48 



Total 
Assessed 
Value. 



?27, 0^1.62 
196.15 



27,880.77 



41,156.82 
169.53 

12,216.73 
8,821.48 

12,051.96 

26.8:n.l3 
1,591.34 
4,072.74 



106,910.18 



2,474.32 



2,474.82 



1,237.16 

18,970.22 

165.88 



20,873.21 



14,660.95 



14,660.95 



12,246.62 



12,246.62 



10,056.33 
68.95 



11,026.28 



9,206.47 



9,205.47 



1,850.65 



1,850.66 



22,047.28 

1.807.61 

470.16 



28,825.06 



Digitized by 



Google 



64 



N. C. CORPORATION COMMISSION. 



STATEHEKT D-^ontiiiiied. 



Town. 



Clinton . 



Cary 



China Grove... 



Concord . 



Cbadboum . 



Canton . 



Clarkton . 



Cleveland 



Coneto 



Xame of Koad or Other Company. 



Wilmington and Weldon (Clinton Branch).... 
Western Union Telegraph Co ^ 



Dis- 
tance. 



.45 



I 



North Carolina 

Raleigh and Augusta Air Line 

Southern Railway rolling stock 

Western Union Telegraph Co 



l.OQ 

1.10 

1.00 

17.84 



North Carolina I 1.00 

Southern Railway rolling stock I 1.00 

Western Union Telegraph Co.. ! 29. 87 



North Carolina 1.46 

Atlantic Postal Telegraph Co ; 8.70 

Southern Railway rolling stock 1.46 

Western Union Telegraph Co i 8. 21 



I 

Wilmington, Columbia and Augusta ^ 1.00 

Wilmington, Chadboum and Conway 1.00 

Western Union Telegraph Co I 9.03 



Western North Carolina 

Western Union Telegraph Co.. 



Carolina Central 

Western Union Telegraph Co.. 



Western North Carolina 

Western Union Telegraph Co. 

Albemarle and Raleigh 

Western Union Telegraph Co.. 



1.38 
3.00 



.70 
5.82 



.67 



Valuation 
Per Mile. 



$4,362.85 
50.43 

20,790.32 

15,808.52 

1,238.00 

50.48 

20,799.82 

1,288.60 

50.48 

^,799.82 

24.48 

1,288.00 

59.43 



Total 

Assessed 

Value, 



$1,968.28 
19.02 



1,982.90 



20.799.82 
17,889.87 
1,288.60 
1,060.39 



40,482.68 

20,799.32 
1.288.00 
1,775.44 



23,808.86 



80,367.02 

212.52 

1,801.05 

488.00 



82,868.59 



11,801.80 


11,801.89 


8,602.48 


8,602.48 


59.48 


586.78 




16,941.05 


12,246.62 


6.128.81 


50.48 


88.88 




6,157.19 


10,966.88 


15,119.72 


60.48 


218.97 




15,888.69 


12,246.62 


8, 6r2. 68 


59.48 


816.21 




8,888.84 


5,820.17 


8,817.60 


50.48 


87.45 




8,864.96 



Digitized by 



Google 



ASSESSMENT OP RAILROAD PROPERTY. 



65 



STATBUVT D—Contiiiiied. 



Town. 



Name of Road or Other Company. 



I Dis- 
tance. 



Valuation 
Per Mile. 



Total 

A88ef<sed 

Value. 



daremont 



Conover . 



Clyde „ 



Western North Carolina ' 1.00 

Western Union Telegraph Co _. 4.00 

I 

Western North Carolina I 1.04 

Western Union Telegraph Co ' 5.00 

Carolina and Northwestern ! . 99 



Western North Carolina 

Western Union Telegraph Co., 



Davidson College Atlantic, Tennessee and Ohio. 
Western Union Telegraph Co.. 



Durham. 



Dallas . 



Dlllsboro. 



Dunn. 



S«l«nboro 



Atlantic Postal Telegraph Co 

Oxford and ClarksvUle 

Durham and Northern 

North Carolina 

Norfolk and Western 

Southern Railway rolling stock. 
Western Union Telegraph Co 



Carolina and Northwestern.... 
Western Union Telegraph Co., 



Western North Carolina 

Western Union Telegraph Co l 

Wilmington and Weldon (Wilson and Fay.). 
Westem Union Telegraph Co 



OaroUna Central 

Western Union Telegraph Go 



.40 
.78 

1.08 
1.83 

2.90 
.88 
.»4 
2.38 
1.27 
2.38 
5.38 

1.07 
.76 

1.10 
.07 

1.00 
5.00 

1.80 



$12,246.02 
50.43 

12,246.02 

58.48 

3,241.04 

12,246.62 
59.43 



$12,246.62 
237.76 



12,484.88 



12,736.48 

297.19 

3,208.62 

16^242.29 



4,898.65 



4,942.01 



8,425.33 


9,099.86 


59.43 


108.77 




9,208.13 


21.43 


70.84 


5,468.78 


4,539.08 


5,860.87 


5,509.23 


20,799.82 


48,462.48 


7,718.60 


9,802.61 


1,238.60 


2,874.28 


50.48 


319.78 




71.578.25 


8,241.04 


8,467.91 


59.48 


45.17 




8,618.08 


12,246.62 


13,471.29 


59.48 


39.82 




18,511.11 


27,911.26 


27,911.26 


50.48 


297.19 




28,208.45 


10,966.88 


14.248.22 


50.48 


89.76 




14,882.»7 



Digitized by 



Google 



66 



N. C. CORPORATION COMMISSIOK. 
STATEMENT D— ContiBned. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 

1.00 

.50 
1.20 

.80 

1.10 

.60 

.60 

1.62 
.08 

.88 
.80 

1.00 
17.68 

.58 
17.22 

2.00 
.83 

.16 
6.00 

.80 
2.10 


Valuation 
Per Mile. 


Totel 

Assessed 

VaJtte. 


Earlcs 


Western Union Telegraph Co 


$50.43 

4,141.17 
50.48 

14,396.79 

14,896.79 

20,799.82 
1,288.60 

9,410.96 
59.48 

5, 82a 17 
50.43 

27,684.62 
59.48 

27,684.62 
59.43 

5,486.54 
50.43 

5,220.00 

24.43 

27,960.98 

50.48 


150.44 




East Tennes.see and Western North Carolina- 
Western Union Telegraph Co 

Norfolk and Southern 

Norfolk and Southern 






59; 54 


Elk Park 


2,.070;58 




71.83 




2,141.91 


Elizabeth City-— 


11,517.43 




11.517.48 


Edenton 


13,836.48 




North Carolina 

Southern Railway roUine: stock 






15^836.48 


Eton College 


14,351.58 
851.18 




North Western North Carolina - 






16,202.71 


Elkin 


15,245.79 
55 28 




W««tern Union Teleflrranh Co. — - _ - — 




Albemarle and Raleigh 






16,801.07 


Everltt 


4,880.74 
47.55 




Western Union Telegraph Co 




Wilminirton and Weldon. 






4,878 29 


l^nflf^ld 


27,684.62 
1,060.88 




Western Union Teleirraoh Co — - - 




Wilmington and Weldon 


Elm City 


28,785.50 

14,672.85 
1,028.54 
15,696.89 


Western Union Tel^rraph Co 




South Carolina and Qeorerla . _ _ - 


Foi-est City 


10,973.08 
49.83 


Western Union Telegraph Co 




Lioulsburg 

Atlantic Postal Tele&rraDh Co 






11,022.41 


Franklinton 


885.20 
146 57 




Raleigh and Gaston 

Western Union Telegraph Co 


22,868.78 
124.^2 




28,475.87 



Digitized by 



Google 



ASSESSBfENT OF RAILROAD PROPERTY. 
STATBKSHT D — Continued. 



67 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
PerMUe. 


Total 
Assessed 
Value. 


Four Oaks 


Wilmington and Weldon (Fayetteville Br) 

Western Union Telegraph Co 


.58 
2.85 

1.00 
5.(M 

2.86 
16.75 

1.86 
18.64 

.85 
5.67 

* .68 
6.70 

1.50 

.50 
8.84 

.47 
.47 

1.00 

2.00 

LOO 

41.85 

.50 


927,911.26 
50.48 

11,801.80 
50.48 

9,588.26 

24.48 

27,911.26 

50.48 

27,684.62 
50.48 

27,684.62 
50.48 

28.488.96 

22,246.12 
50.48 

1,288.60 
20,799.82 

8,241.(M 

22,246.12 

8,241.04 

50.48 

8,971.21 


•14,792.97 
109.40 




Wilmington, Columbia and Augusta 

Western Union Telegraph Co.. ,. 

Atlantic and Yadkin _ 






14,982.37 


Fair Bluft 


11,801.89 
299.57 




12,101.46 


Fayetteville 


27,169.79 




Atlantic Postal Telegraph Co. 


884.75 




Wilmington and Weldon (FayeltevMe Branch). 
Western Union Telegraph Co 


37,950.81 
1,107.95 




Wilmington and Weldon 1 






66, 621. SO 


FremoDt 


28,581.93 




Western Union Telegraph Co 


887.02 




Wilmington and Weldon 

Western Union Telegraph Co 






28,868.95 


.Falson 


18,825.54 
898.24 






Seaboard and Roanoke 

• 

Atlanta and Charlotte Air Line- 






19,228 78 


Garysburg 


42,783.39 




42,788.89 


Orover 


11,128.06 
535.44 




Western Union Telegraph Co. 




Southern Railway rolling stock 






11,648.50 


Orabam 


579.79 




North Carolina _ 

Carolina and Northwestern _ 


9,775.68 




10,855.47 


GraDite Palls 


8,241.04 




Atif^nt^Liind OhariottA Air Lin^ , . 




8,241.04 


Gastonia 


44,492.24 
8,241.04 




Carolina and Northwestern 




Western Union Telegraph do. _ 


2,457.79 




Atlantic and Yadkin 




60.191.07 


Germantowiv 


4,486.61 




4,485.61 



Digitized by 



Google 



68 



N. C. CORPORATION COMMISSION. 



STATlMEffT D— Contiantd. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 

$1,288.60 


Total 

Assessed 

Value. 


Gibson vllle 


Son them Railway rolling stock 


.68 


rm.lft 




Nrtrth r!arAllnft . 


.68 


20,799.82 


18.108.57 








18,880.78 


Gold Hill 


YMlrfn 


.28 


8,217.98 


901.02 










901.02 


Glen Alpln 


Western North Carolina - 


1.00 


12,246.62 

27,684.62 
7,729.79 


12,246,62 
12,246.62 




Wilmington and Weldon _ 


1.90 


Goldsboro 


62.600. 7\^ 
20,688.54 




Atlantic and North Carolina 


2.67 




North Carolina . 


.70 


20,799.32 
50.48 

8,971.21 
24.48 


14,550.52 
1,019.87 




Western Union Telegraph Co 

Atlantic and Yadkin 


17.15 
2.85 




88,8ia22 


Greensboro 


26,567.96 
850.54 




Atlantic Postal Telegraph Co 


14.85 




North Carolina c- 


2.11 


20,799.82 


48,886.58 




Piedmont 


1.80 


28,468.61 


51,284.49 




Southern Railway rolling stock 


2.11 


1,288.60 
50.48 


2,602.80 
6,450.80 




Western Union Telegraph Co 


108.52 




, 






180,092.76 


GlbHAP 


Ralciirh and Aofusta Air Line. _ 


.85 


15,808.52 
4,548.72 

8,425.84 


18,487.28 

1,688.02 

15.120.25 




Cheraw and Darlington.. _— ., ™ .._......... 


.87 
.90 




Wilmington and Weldon (Scotland Neck) 


Greenville 


7,588 25 




Western Union Telegraph Co 


1.00 
.50 


50.48 
8,425.84 


SO 44 


. 


Wilmington and Weldon (Scot. Neck Branch). 






7,642. 6» 


Grifton 


4,971.2& 




Western Union Telegraph Co 

Transylvania Railway 


1.46 
1.60 


50.48 
2,722.88 


86.78 




5,068.08- 


Henderson vllle » 


8,968.Sr 




Asheville and Spartanburg 


L41 


8,829.79 


12,450.01 




Western Union Telegraph Co 


4.94 


50.48 


298.68 




16,787.21 



Digitized by 



Google 



ASSES8MBNT OF RAILROAD PROPERTY. 



69 



8TAT£HSVT D— CottUnM. 



Town. 



HalUftx. 



Hobgood 



Hepderson . 



Hope Mills 



Hickory 



High Point.. 



Hamlet. 



Hoffman . 



Hub 



Name of Road or Other (Company. 



Western Union Telegraph Co.. 



Dis- 
tance. 



Valuation 
Per Mile. 



Norfolk and Carolina i 

Wilmington and ^JTeldon (Scot. Neck Branch). 
Western Union Telegraph Co \ 



10.00 

.71 

.28 

5.00 



Atlantic Postal Telegraph Co*.. 10.00 



Durham and Northern 

Oxford and Henderson 

Raleigh and Oaston 



Western Union Telegraph Co.. 



Wilmington and Weldon (Fayette'lle Branch). 

Atlantic and Yadkin 

Western Union Telegraph Co 



Carolina and Northwestern 

Western North Carolina 

Western Union Telegraph Co 



North Carolina 

High Point, Randleman and Ashboro.. 

Southern Railway rolling stock 

Western Union Telegraph Co 



Palmetto 

Raleigh and Augusta 

Carolina Central. 



Raleigh and Augusta.. 



Wilmington, Chadboum and Conway.. 



.96 

.36 

1.47 

7.06 

1.50 
1.50 
8.12 

2.41 
2.00 
10.85 

2.44 

1.88 

2.44 

85.00 

.76 
.tf9 
1.51 

1.08 

1.05 



S50.42 



Total 

Assessed 

Value. 



$5M.30 
504.80 



21,788.14 


15,460.57 


8,425.84 


1.987.94 


50.48 


297.19 




17,704.70 


24. 4S 


244.28 


5,860.87 


5,626.45 


5,454.79 


1,968.73 


27,900.96 


41,102.63 


59.48 


419.64 




49,856.73 


27,911.26 


41.866.80 


9,538.26 


14,299.89 


50.48 


482.64 




56,640.42 


8,241.04 


7,810.90 


12,246.62 


24,496.24 


60.48 


644.92 




32,949.06 


20,799.82 


50,750.36 


4,881.44 


6,786.89 


1,288.60 


8,009.98 


50.48 


2,080.36 




62,577.09 


2,887.46 


1. 776. 00 


15,806.52 


15,660.43 


10,956.88 


16.544.06 
88,970.59 


15,808.52 


17,078.20 




17,073.20 


8,602.48 


8,782.55 




3,782.55 



Digitized by 



Google 



70 



N. C. CORPORATION COMMISSION. 
STATEMBHT D—Contixiiied. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Hillsboro 


North Carolina 


.18 
.18 
.85 

1.00 
.90 

1.00 

1.06 
3.20 

.50 

.64 
.71 

.57 
1.29 

1.00 
2.94 

.50 

1.58 
22.98 

1.29 
4.52 


$20,799.82 

1.233.60 

59.48 

8,425.33 
50.42 

2,788.14 

18,246.62 
50.43 

2,710.68 

5,786.80 
50.43 

5,820.17 
59.43 

9,683.26 
59.48 

27,911.26 

22,246.12 
50.43 

9,410.98 
50.48 


$2,708.91 




Southern Elailway rolling stock.. 


160.36 




Western Union Telegraph Co 


50.52 




• 

Atlanta, Tennessee and Ohio 

"Western Union Telegraph Co 






2,914.7^ 


Huntersville 


8,425.38 
53.4& 




Cape Fear and Northern 






8,478.82 


Holly Spripgs — 


2,788.14 


Western North Carolina 


2,788.14 


Hot Springs 


18,226.85 


Western Union Telegraph Co 


190.20 




Northampton and Hertford 






18,416.5& 


Jackson 


1,855.82^ 




Wilmington and New Bern 




1,355.82 


Jack Ron vi lie* 


8,702.91 




Western Union Telegraph Co 


42.20 




Albemarle and Raleigh 






8,745.11 


JamesvIUe 


8,817.50 




Western Union Telegraph Co 

Atlantic and Yadkin 


76.68 




8,894.1ft 


Jonesboro _ 


9,588.2& 




Western Union Telegraph Co 

Wilmington and Weldon (Wilson and Fay.)... 
Atlanta and Charlotte Air Line 


174. 7S 




9,708.01 


Jerome 


18,956.68 




18,955.65 


Kings Mountain- 


S4,066.5& 
1,866.90 


Western Union Telegraph Co. 




Northwestern North Carolina 




85,402.46 


KernersvlUe 


12,140.17 
268.66 




Western Union Telegraph Co . .. 










12,408.8$ 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEKSVT D— Continmed. 



71 



Town. 



Name of Road or Other Company. 



I Dis- {Valuation 
tance. Per Mile. 



Total 

AKsessed 

Value. 



Kiuston . 



Atlantic and North Carolina — 

Wilmington and Weldon (Scotland Neck Br.). 
Western Union Telegraph Co 



.91 : 17,729.79 

.86 I 8,425.84 

5.83 50.43 



Keyser. 



Ralelgh and Augusta Air-Line . 
Western Union Telegraph Co 



Keiford. 



Roanoke and Tar River. _. 

Norfolk and Carolina 

Western Union Telegraph Co. 



Kittrell - 



Raleigh and Oaston 

Western Union Telegraph Co.. 



Ken ley 



Wilmington and Weldon (Wilson and Fay. Br.) 
Western Union Telegraph Co 



Littleton. 



Lowell - 



Ladrange . 



Raleigh and Oaston 

Atlantic Postal Telegraph Co.. 
Western Union Telegraph CJo.. 



Atlanta and Charlotte Air Line . 
Western Union Telegraph Co 



Atlantic and North Carolina .. 
Western Union Telegraph Co.. 



I 



Lattimore i South Carolina and Oeorgi a.. 



Lumberton Carolina Central 

Western Union Telegraph Co., 



|7,(»4.U 

8,083.80 

846.52 





15,808.52 


10,418.93 


1.00 


15,808.52 


2.06 


59.48 
8.412.T7 


122.44 




15,980.96 


.57 


4,795.18 


.56 


21,788.14 


12,201.86 


3.60 


50.48 
27,960.96 


208.04 




17,204.58 


.80 


8,888.29 


1.29 


50.48 
27,911.26 


76.68 




8,464.97 


.50 


13,955.68 


8.42 


50.43 


208.28 




14,158.91 


1.40 


27,960.98 


89,145.37 


12.00 


24.48 


293.14 


4.68 


60.48 
22,246.12 


278.17 




89,716.68 


.96 


21,356.28 


16.00 


50.43 


951. (M 




22,807.82 






1.24 


7,729.79 


9,584.94 


1.46 


50.43 
5,486.51 


86.78 
9,671.72 


1.00 


5,486.54 




10,956.88 


5,486.54 


.80 


3,286.90 


1.71 


59.43 


101.64 




3,888.54 



Digitized by 



Google 



72 



N. C. CORPORATION COMMISSipN. 
STATCMSVT D-^Btiamad. 



Town. 


Name of Rood or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


TotAl 

Assessed 

Value. 


Laurlnburg 


• 
Carolina Central 

Western Union Telegraph Co- 

Carolina Central 

Western Union Telegraph Co 

AtlanUc and Yadkin 


1.20 
6.00 

LOO 
5.00 

1.43 
2.84 

1.80 
L67 
L88 

.00 
.57 

.50 

.60 

16.83 

.55 

.53 
4.88 

3.25 
2.13 

.60 

.60 

2.80 


110,966.38 
50.48 

10,966.88 
59.43 

8.97L21 
60.48 

10,966.88 

8,241.0i 

50.48 

8.2ll.0i 
50.48 

1.288.60 

20,799.82 

50.43 

5,220.00 

27,911,26 
59. 4:^ 

7,729.79 
50.43 

20.799.82 

1,283.60 

59.48 


$18.147.5I^ 
356. <q 




18, 504. '28 


LilesvlUe 


10,966.38 
297.19 




11.258.52 


Liberty 


12.828.84 
180 00 




Western Union Telegraph Co. 




Carolina Central . 






12.967.98 


Lincolnton 


19,721.89 

5,412.58 

108 77 




Carolina and Northwestern 




Western Union Telegraph Co 




Carolina and Northwestern 






25,242.09 


Lenoir 


1,944.62 
88.88 




Western Union Telegraph Co _ .. 

• 

Southern Railway rolling stock 




1,978.46 


Lexington 


616.80 




North CamlinfL .. . ., ..,..,, 

Western Union Telegraph Co 

Loulsburg.. . 

Wilmington and Weldon (Wilson and Fay. Br.) 
Western Union Telegraph Co 


10.399.<r7 
970.66 




11,987.18 


Loulsburg 


2,871.00 




2,R7L00 


Lucaraa 


14.792,97 
200.34 




Atlantic and North Carolina 

Western Union Telegraph Co 






15,068.81 


Mpreheftd Clty_.- 


25,12L82 
126.60 




North Carolina— 

Southern Railway rolling stock 






26,248.42 


Morriivllle 


12,479.60 
740 17 




Western Union Telegraph Co 


166.42 




18,886.19 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 

STATianrr b— c«itia«td. 



73 



Town. 



Maxton 



Murnrecaboro. 



Mebane . 



Mayodan , 



Madisou 



Mount Airy.. 



Montezuma .. 



Mooresville. 



Matthews . 



Monroe. 



Name of Road or Other Company. 



Atlantic and Yadkin 

Carolina Central 

Western Union Telegraph Co.. 

Western Union Telegraph Co.. 



Dis- 
tance. 



1.02 
1.28 

1.14 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



1 

|9,o88.26 j S»«723.U8 

10,956.88 I 14,024.10 

50.43 ! 876.»i 



24.124.H7 



50.43 I 



67.76 



67.76 



North Carolina 

Southern Railway rolling stock.. 



1.00 20.7W.82 , . 20,799.82 

I 1.00 1.238.60 ; 1,283.60 



Atlantic Postal Telegraph Co.. .| 1.40 

Western Union Telegraph Co | 2.92 



24.48 ' 

I 

50.43 I 



34.20 
178. o6 



1-= 



22,240.67 



Norfolk and Western . 



Atlantic and Yadkin.. 
Norfolk and Western . 



1.10 j 10, 231. -20 



11.2^.38 



I j 11,2{>4.88 

.56 I 8,971.21 I 5,023.88 
l.eO I 10,231.20 



Western (Fnion Telegraph Co i 8. 14 



Atlantic and Yadkin 2.01 

Western Union Telegraph Co _. 3. 17 

Mt. Airy and Elastem 5.00 



Linvllle River . 



Atlantic. Tennessee and Ohio . 
Western Union Telegraph Co.. 



Carolina Central 

Western Union Telegraph Co. 



Carolina Central 

Georgia, Carolina and Northern- 
Western Union Telegraph Co 



.50 

2.00 
1.70 

.90 
6.00 

.70 

.78 

5.80 



59.43 

8,971.21 

50.48 

1,480.00 



17,200.73 


186.64 


22, .501. 25 




18.082.14 


188.12 


7,150.00 





25,870.56 







1.011.25 


505.63 




505. (K 


8,425.88 


16,850.67 


50.48 


101.08 




16,951.70 


10,956.88 


9.860.60 


50.18 


866. <M 




10,217.33 


10,956.83 


7,669.43 


10,828.86 


8,066.80 


50.53 


844.76 




16,070.49 



Digitized by 



Google 



74 



N. C. CORPORATION COMMISSION. 
STATBMENT D-Continned. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


MargarettoviUe .. 


Seaboard and Roanoke 


1.00 

.26 

1.80 
1.00 

1.00 
1.92 

.60 
1.28 
4.40 

1.75 
.50 

1.00 
1.00 

1.00 

1.00 

.52 
.80 

.83 

1.00 
1.00 


$28,488.96 

59.43 

10,956.88 
59.48 

4,548.72 
59.48 

5.486.54 

12,246.62 

59.48 

2.727.64 
59.48 

4.648.72 
59.44 

5,486.54 

10,956.88 

12,246.62 

8,660.81 

59.48 

8,241.01 
59.48 


928, 488. 9S 




Western Union Telegraph Co . 






28.488.98 


Milton 


15.46 




Carolina Central 






15.46 


Mount Holly 


14,243.22 




Western Union Telegraph Co 


59.44 




Cheraw and Darlington 




« 


14. 802. 66 


McFarland 


4,648.72 




Western Union Telegraph Co 


114.12 




South Carolina and Georgia 






4.662.84 


Marion 


8,291.92 




Western North Carolina 


15,675.67 




Western Union Telegraph Co 


261.55 




North Carolina Midland.. 

Western Union Telegraph Co 


19,229.14 


MocksviUe 


4,778.37 
29.72 




Cheraw and Darlington ... 






4,808.09 


Morven 


4,648.72 




Western Union Telegraph Co 

South Carolina and Georgia 


00.44 




4,608.ie 


Mooresboro 


5,486.64 




Carolina Central _ 

Western North Carolina _ 


5.486.54 


Marehvllle 


10,956.88^ 
10,956.83 


Murphy 


6,368.25 




Atlanta, Knoxvilleand Northern 


2, 196. 18 




Western Union Telegraph Co 


49.33 




Carolina and Northwestern 






8,6ll76 


Maiden 


8,241.04 
59.44 




Western Union Telegraph Co 










8,800.48- 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 
8TATEHSVT D— Continved. 



Town. 


Name of Eload or Other Company. 


Dis- 
tance. 

1.00 
8.00 

1.00 
3.48 

1.60 
5.72 

1.08 

4.28 

1.00 
10.00 

.18 

t 

- .67 
6.80 

3.79 
1.20 
8.86 

1.06 
1.40 

.67 
.67 

2.10 

.41 

5.72 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Manly 


Raleigh and Augusta Air Line 


$15,806.62 
60.48 

27,960.98 
50.43 

12,246.62 
59.48 

12,246.62 
60.43 

27,684.62 
60.48 

1,266.92 

27,681.62 
59.48 

7,729.79 

6,785.80 

60.43 

7,729.79 
69.43 

4, ST. 18 
60.48 

8,241.04 

12,246.62 

60.48 


$15,808.52 
178.32 




Western Union Tel^raph Co 




Raleigh and Gaston 

Western Union Telegraph Co 






15,986.84 


Mncon 


27,960.98 
206.85 






Western North Carolina 






28,167.83 


Morj^nton 


19,472.13 
339.99 




Western Union Telegraph Co. 

Western North Carolina 

Western Union Telegraph Co 




19,812.12 


Marshall 


12,614.02 
*264.40 






Wilmington and Weldon 

Western Union Telegraph Co 






12,868.42 


Magnolia 


27,684.62 
594.39 






East Carolina 

Wilmington and Weldon 






28,279.01 


Macclesfield 


228.04 




228.04 


Mu Olive -_ 


18,548.69 
315.06 




Western Union Telegraph Co. 




Atlantic and North Carolina.. 






18,863.72 


New Bern 


29.295.90 




Wilmington and New Bern 


6,942.96 
526.68 




Western Union Telegraph Co. 




Atlantic and North Carolina . 






36,765.49 


Newport — 


8,198.58 
88 22 




Western Union Tel^raph Co 




Wilmington and Weldon (Nashville Branch).. 
Westem Union Telegraph (^o 

Carolina and Northwestern 






8,276.80 


Nashville 


2,946.11 
39.82 






2,965.96 


Newton - 


6 806.18 




Western North Carolina 

Western Union Telegraph Co 


5,021. U 
389. 9» 




12,167.28 



Digitized by 



Google 



76 



N. C. CORPOKATION COMMISSION. 
8TATXXBVT D-^ontiiiBiid. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


ValuaUon 
Per Wile. 


Total 

Assessed 

Value. 


New London 


Yadkin 

WeBtcm Union Telegraph Co 


1.66 
.67 

.35 
.10 

L40 
1.00 

.75 
2.80 

.70 
3.96 

.50 

1.00 

.84 

1.02 

2.16 

LOO 
5.00 

1.00 

LOO 
8.60 

.18 
.81 
.22 


•8,217.96 
60.48 

8,217.98 
50.48 

0,410.98 
50.48 

12.246.62 
50.48 

6,468.78 
50.48 

14,896.79 

6,820.17 

6,297.16 

8.426.84 

50.48 

10,956.83 
50.48 

27,911.26 

20.799.88 
59.48 

5,820.17 

50.48 

1,668.16 


95,800.58 
89.82 




Yadkin. 

Western Union Telegraph Co ... 






5,849.40 


Norwood 


1,126.27 
5.{M 




Northwestern North Carolina 






1,182.21 


N. Wllkesboro ... 


14,022.86 




Western Union Telegraph Co 


50.44 




Western North Carolina 






14,081.80 


Old Fort 


9,184.97 




Western Union Telegraph Co 


166.42 




Oxford and Clarksville Division 






9,351.80 


O X ford 


8,828.16 




Western Union Telegraph Co . 


235.88 




Norfolk and Southern 






4,068.53 


Pantego-__ 


7,196.80 




f 
Albemarle and Raleieh 






7.198.39 


Parmele 


5,820.17 




Wilmington and Weldon (Washington Br.).... 
Wilmington and Weldon (Scotland Neck Br.). 
Western Union Telegraph Co . . _ . .._ _ - 


2,14L08 

8,426.84 

127.79 




Carolina Central 






16,514.88 


Polkton 


10,966.33 


• 


Western Union Telegraph Co 

Wilmington and Weldon (WU.and Fay. Br.).. 

North Carolina - 

Western Union Telegraph Co. . ^ 

Albemarle and Raleigh 

Western Union Telegraph Co 

Washington and Plymouth 


207.19 




11,25^.52 


Pembroke 


27,91L2tt 




27, 91 L 26 


Pine Level 


20,799.88 
218.96 




21,018.81 


Plymouth 


766.« 

48.14 

865.80 




1,170.65 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 
8TATXHKVT B— Oontliitted. 



77 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per Mile. 

$8,971.21 
50.43 

22,058.57 
59.43 

2,128.57 

5,785.80 
50.43 

20.799.82 

6,820.17 

27,684.62 
50.43 

27,911.26 
50.43 

980.95 

9,588.26 

50.48 

9,588.26 
50.43 

10,906.88 
50.48 

50.48 
8,971.21 


Total 

Aftsessed 

Value. 


^lot Mountain .. 


AtlaMIc And Yadkin 


1.48 
.90 

1.00 
10.33 

.33 

.40 
.50 

.40 

.46 

.65 
6.47 

1.00 
3.28 

.50 
1.00 
3.00 

.60 
.74 

.60 
5.18 

1.40 
.76 


$13,277.30 
53.40 




Western Union Telegraph Co. 




Charlotte, Columbia and Augusta 

Western Union Telegraph Co 

Pittsboro 

Wilmington and Weldon 

Western Union Telegraph Co 

North Carolina 

Albemarle and Raleigh 

Wilmington and Weldon __ 

Western Union Telegraph Co. 

Wilmington and Weldon (Payettevllle Br.) 

Western Union Telegraph Co 

Red Springs and Bowmore 

Atlantic and Yadkin 

Western Union Telegraph Co 

Atlantic and Yadkin 

Western Union Tel^rapfa Cb- 






18,830.88 


Plnevllle — 


22,058.57 
1,148.96 




23,202.52 


Pltteboro —. 


702.43 




702.43 


Pollocksifllle 


2,8S5.(M 
29.72 




2,8tM.76 


Princeton 


8,819.78 






8,319.73 


Princevllle- 


2.619.0» 


Plkevllle 


2, 619. OR 

17,995.01 

384.67 






18,879.58 


Rowland 


27,911.26 
194. 9fr 






28,106.22 


Red Springs 


490.48 

9,533.26 

178.32 




10,202.06 


RoMboro 


4,766.63^ 




43.06 




OoRmiia Central 

Wetrtern Union Telegraph Co 

Western Union Telegraph Co 

AUanUc and Yadkin 






4,810.61 


Rockingham 


5,478.16 
806.11 




5,784.27 


Ramsenr. — . 


88.22 




6.728.42 




6,811.64 



Digitized by 



Google 



78 



N. C. CORPORATION COMMISSION. 



STATEMENT D— CoBtinned. 



Town. 


Name of Road or Other Ck)mpany. 


Dls- 
tance. 


Valuation 
Per Mile. 

$5,820.17 
60.48 

4,881.44 
50.48 

24.43 
20,799.32 
15,806.52 
27,960.96 

1,288.60 
50.48 

27,911.26 

28,468.61 

7,718.60 
50.48 

28,463.61 
24.48 
50.48 

27,684.62 

4,897.18 

59.48 

8,829.79 
59.48 


Total 

Assessed 

Value. 


Robeson ville 


Albemarle and Raleigh 


.86 
.60 

.77 
.40 

22.65 

1.00 

.20 

.90 


$5,005.34 




Western Union Telegraph Co. 


35.66 




High-Point, Randleman and Ashboro 






5,041.00 


Randleman 


3,758.71 


Western Union Telegraph Co 

Atlantic Postal Telegraph Co 

North Carolina 


23.78 




8,782.49 


Raleigh- 


553.29 
20,799.32 




Raleigh and Augusta Air Line 

Raleigh and Gaston ' 


3.161.70 
25,164.88 




Southern Depot 


10,000.00 




Southern Railway rolling stock 

Western Union Telegraph Co 


1.00 
31.82 

2.00 

I.OO 

.98 
2.00 

1.14 
3.00 
84 45 

1.13 

.23 

34.22 

1.00 
3.00 


1,288.60 
1,861.63 




Wilmington and Weldon (Fayettevllle Br.)_... 
Piedmont _ 






62,774.42 


Rennert 


55,822.52 








55,822.52 


Ruffln - 


28,468.61 




Norfolk and Western 

Western Union Telegraph Co 

Piedmont- . 






28,463.61 


Roxboro 


7,664.21 

118.88 

7,683.09 


ReidsvlUe 


82,448.51 




Atlantic Postal Telegraph Co 

Western Union Tel^raph Co 


78.28 
2,047.67 




Wilmington and Weldon 

Wilmington and Weldon (Nashville Branch).. 
Western Union Telegraph Co 

Asherille and Spartanburg 


84,560.46 


Rocky Mount — 


81.283.63 
1,011.35 
2,063.90 




84,828.97 


^Saluda 


8,829.79 




Western Union Telegraph Co 


178.82 






9,006.11 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



79 



8TATSHEVT D— ContiBmed. 



Town. 



Hanford. 



Name of Road or Other Company. 

Atlantic and Yadkin (A. C, L.) 

Atlantic and Yadkin (Southern) 

Raleigh and Augusta Air Line — 



Dla- Valuation 
I tance. I Per Mile. 



.60 
.56 
1.00 
Western Union Telegraph Co i 11.85 



Statesville Atlantic, Tennessee and Ohio.. 



-! .28, 

I 

--I ,74 ' 

Western Union Telegraph (^o ...l.J 8.62 I 



I Western North Carolina 

I 

' Statesville and Western _ 



S9,5S8. 

8,971. 

15,808. 

59. 

8,425. 

12,246. 

3,812. 

59. 



43 



Stanly Creek . 



Carolina Central— - 

Western Union Telegraph Co. 



Staley Atlantic and Yadkin. 



Shelby . 



Stor. 



Salem. 



Selma..^ 



•Salisbury 



Carolina Central 

South Carolina and (ihx>rgla... 
Western Union Telegraph Co. 



Aberdeen and Ashboro . 



Northwestern North Carolina . 
Western Union Telegraph Co- 



North Carolina 

Wilmington and Weldon (Payettevllle Branch) 

Southern Railway rolling stock.. 

Western Union Telegraph Co 



Atlantic Postal Telegraph Co.. 

North Carolina 

Yadkin 

Western North Carolina 



Southern Railway rolling stock.. 
Western Union Telegraph Co 



Total 

Assessed 

Value. 




190. .50 
062.49 
219.62 
512.30 



.50 I 10,056.33 

.83 59.48 

i 

.87 , 8,971.21 

1.10 10,956.88 



1.40 ! 5,486.54 ' 



5.27 

1.00 

.87 
1.71 

1.00 

.92 

1.00 

11.42 

8.70 
1.30 
.52 
1.27 
1.80 
bLS7 



13,985.06 



5,478.16 



6,527.49 



7,801.96 



7,8(M.96 



12,051.96 
7,681.16 



59.43 1 


'313.24 


{ 20,(M6.36 


2,701.30 ! 


2,701.30 


2,701.30 


9,410.98 
59.43 i 


8,482.06 
101.64 


i 3,688.70 



20,799,82 20,799.32 

27,911.26 I 25,678.36 
I 

1,288.60 1,238.60 

59.43 ! 678.79 

I 48,890.07 



24.48 

20,799.32 I 

8,217.98 

12,246.62 I 

1,288.60 

59.48 I 

Digitized by 



90.88 
27,069.13 
1,678.82 
15,558.21 
1.606.68 
8,248.57 



49,208.29 



Google 



80 



N. C. CORPORATION COMMISSION. 



8TATSKXHT D— ContiBved. 



Town. 


Name of Road or Other Company. 


Dls- 
tance. 


Valuation 
Per Mile. 


Total 

Assessed 
Value. 


Southern Pines — 


Raleigh and Augusta Air Line 

Western Union Telegraph Co 

Atlantic and Yadkin 

Western Union Telegraph <?o - 


1.46 
8.51 

1.06 
2.00 

1.08 
1.74 

1.00 
.67 

.67 
.60 

1.00 
1.00 

.90 
.65 

1.00 
4.00 

1.00 
2.70 

.76 
.80 

1.90 
.21 
.15 


$15,808.52 
50.48 

8,971.21 
50.48 

10,281.20 
50.48 

12,246.62 
50.43 

4,897.18 
50.48 

8,425.84 
' 50.43 

50.48 
27,911.26 

28,488.98 
. 50.48 

8,829.79 
50.48 

4,881.44 
50.48 

5,820.17 
12,788.14 
21,650.70 


$28,000.48 
206.68 




28,289.06 


BilerCity 


9,500.48 




118.88 




Norfolk and Western. 






9,628.86 


Stonevllle 


10,588.14 




Western Union Telegraph Co 

Western North Carolina 


108. 4S 




10.641.57 


Sylva 


12,246.62 




Western Union Tel^raph Co— , 


89.82 




Wilmington and Weldon (Nashville Branch ).. 
Western Union Tel^raph Co 






12,286.44 


Springhope 


2,046.11 
35.66 




Wilmington and Weldon 

Western Union Telegraph Co 




Scotland Neck 


2,981.77 

8,4iB.84 
50.44 




Western Union! Telesranh Co 






8,485.28 


Smithfleld 


58.40 




Atlantic Coast Line - 


18,142.81 




ApAboard and Roanoke - —. — _«-— 






18,1^80 


Seaboard 


28,488.d8 




Western Union Telegraph Co 

AshevUle and Spartanburg 

Western tlnlon Tel^Eranh Co 


287.76 




28,726.60 


Tryon City 


8,829.79 
160.48 




High Point, Randleman and Ashboro 

Western Union Telegraph Co 

• 

AlbMnarle and Raleiffh — - - 




Trinity 


8,990.27 

8,700.90 
47.55 






8,757.4S 


Tarboro 


6,984 20 




NortWk and Carolina . 

Wilmington and Weldon 


4,796.80 
6,412.6» 



Digitized by 



Google 



ASSESSMENT OF RAILROAD PROPERTY. 



81 



8TATBKEHT D— Continmed. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 

14.87 
.10 

1.00 

1.00 

80.06 

.42 
.87 

.25 

.50 

.14 
1.50 

.85 
8.48 

.82 

1.20 

.40 

21.88 

1.20 
1.00 
.42 
1.67 
1.26 
49.28 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 


Tarboro-(Con.).. 


Western Union Telegraph Co 

East Carolina 

North Carolina 


159.48 
1.266.92 

20,799.32 

1.233.60 

59.48 

8,312.86 
59.43 

2,701.30 

2,722.38 

8,829.79 
12,246.62 

27,960.98 
59.43 

28,488.93 

27,684.62 

27,960.98 

59.43 

5,000.00 
10,966.88 

6,786.80 
37,684.62 

6,800.00 
50.48 


8883.85 
126.69 




18,200.81 


ThomasTlUe 


20,799.82 


Southern Railway rolling stock 

Western Union Telegraph Co 


1,238.60 
1,786.14 




StatesvUle and Western 

Western Union Telegraph Co 






23,819.06 


TaylorsvUle 


1,391.41 
21.99 




Aberdeen and Ashboro 

Transylvania _ 

AshevllleandHimrtanbiirg 






1,418.40 


Troy 


675.31 




675.31 


Toxaway 


1,361.19 








1,361.19 


Victoria 


1,286.17 




Western North Carolina 

Raleigh and Qaston 

Western Union Telegraph Co_ 


18,369.98 




19,606.10 


Vaughan 

• 


28.766.88 
206.85 




Seaboard and Roanoke 

Wilmington and Weldon 






28.973.68 


Weldon-- . . 


9,116.45 
88,221.55 




Raleigh and Oaston 

Western Union Telegraph Co.. 

Wilmington and Bninswlck Co. Junction 

Carolina Central ._ .-. ....__.._....—.._.-..-. 


11,184.89 
1,270.80 




54,798.19 


Wilmington — 


6,000.00 
10,966.88 

2,480.04 
48,464.86 

7,260.00 

2,939.14 




Wilmington and New Bern 

Wilmington and Weldon 




Western Union TelesTanh Co.- ........ ...... 




Atlantic PK>ftftl Telffln^ph Co 


160.00 














78,180.87 



Digitized by 



Google 



82 



N. C. CORPORATION COMMISSION. 
8TATEHSVT D— Coatinved. 



Town. 


Name of Road or Other Company. 


Dis- 
tance. 


Valuation 
Per MUe. 


Total 
Assessed 

Value. 


Wallace- . - 


Wilmington and Weldon 

Western Union TelesraDli Co. ._«— _ — 


1.00 
6.70 

1.00 

.46 

14.20 

.81 
17.28 

1.00 
17.19 

.60 
.50 

1.18 
.92 

1.60 

1.00 
8.89 

1.00 

2.50 
.94 
1.29 
1.17 
9.88 


$27,684.62 
69.48 


827,684.62 
898.25 




Wilmington and Weldon- -_. 






28.082.OT 


Warsaw — 


27,684.62 

4,802.85 

69.48 

27,684.62 
50.48 

27,684.62 
50.48 

14,896.79 
50.48 

5,820.17 
50.48 

1,920.00 

27,968.98 
50.48 

10,966.88 

24.48 
2,727.64 
9,410.98 
10,281.20 

60.48 


27,684.02 




Wilmington and Weldon (Clinton Branch) — 
Western Union Telegraph Co 

Wilmington and Weldon 

Western Union Telegraph Co 

Wilmington and Weldon 

Western Union Telegraph Co 

Norfolk and Southern ., 

Western Union Telegraph Co 

Albemarle and Raleigh 

Western Union Telegraph Co. 


2,006.91 
844. OS 




80,586.56 


Wilson 


22,424.55 




1,024.18 




28,448.68 


Whltaker 


27,681.02 
1,021.75 




28,706.87 


Windliall 


7,198.89 
29.72 




7.228.11 


WUllamston . 


6.807.80 
54f68 




Wellington and Powellsvllle 

Raleigh and Qaston 

Western Union Telegraph Co 

Carolina Central 

AtlanUo Postal Telegraph Co 

North Carolina Midland . .. 






6.922.48 


Windsor ......... 


2,880.00 






2,880.00 


WakeForept 


27,960.98 
201.50 




28,162.48 


Waoo 


10,966.88 




10,966.88 


Winston. . 


61.07 

2,668.96 

12,140.17 

11,97a 51 

654.56 




Northwostem North Carolina.—........... 




Norfolk and Western 




Western Union Telegraph Co. ... ^ .— ^^^ 










27,290.29 



Digitized by 



Google 



A8SBSSMENT OF RAILROAD PROPERTY. 



83 



STATBHIVT D — Coatlaved. 



Town. 


Name of Road or Other Ck>mpany. 


Dis- 
tance. 


Valuation 
Per Mile. 


ill 


Wazhaw 


Georgia, Carolina and Northern. 

WertemTTnlon Telegraph Co 


.81 
.87 

1.06 
6.60 

1.84 
.98 

.97 

2.00 

.28 

.60 

1.74 
6.40 


110,828.86 
60.48 

11,801.80 
60.48 


•8,201.94 
51.72 




Wilmington, Oolambla and Angusta 

Weflt4^ro TTnlon Tei«gra.ph Oo„ ,. ,- 






3,258.66 


WhlteyUle. 


12,610.00 
892.80 










12,902.80 


WaynesTllle . 


12,246.62 
60.48 

6,297.15 

60.48 

1.668.16 

27,960.96 

60.48 
24.43 


16,410.47 




Western Union Telegraph Co 

Wilmington and Weldon (Washington Br'oh) 

Western Union Telegraph Co 

Washington and Ply month. _... 


55.28 




16,465.75 


Washington 


6,106.24 
118.88 
882.58 




6,609.65 


ToungBTllle . 


18.960.49 




Western Union Telegmph Co 

Atlantic Postal Telegraph Co 




18,960.49 


Warrenton 


108.42 
156.84 




250.76 



Digitized by 



Google 



84 



N. C. CORPORATION COMMISSION. 



Southern Express Company. 



8TATSKEVT E— 1902. 



Total valuation . $225,770.00 

Valuation per mile 67.830 

Number of miles 3,328 

Apportioned to oonntieo as follows : 



County. 



Cumberland . 
Currituok 



DaTldson . 
DaTle 



Alamance 

Alexander 

Anson — 

Beaufort 

Bladen _ 

Bertie 

Brunswick 

Buncombe 

Burke , 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham.--. 

Cherokee 

Chowan 

Cleveland 

Columbus 

Craven 



Duplin. 



Durham . 



Mileage. 



17.05 
9.16 
41.40 
18.42 
32.80 
40.60 
26.06 
57.82 
81.88 
18.31 
11.81 
5.00 
16.00 
22.45 
34.80 
62.10 
37.06 
4.20 
62.07 
84.46 
97.96 
71.02 
14.30 
24.80 
12.88 
86.96 
57.95 



Rate 
Per Mile. 



167.839 
67.889 
67.889 
67.889 
67.889 
67.889 
67.839 
67.839 
67.839 
67.839 
67.839 
67.839 
67.839 
67.889 
67.889 
67.888 
67.889 
67.839 
67.839 
67.889 
67.889 
67.889 
67.888 
67.889 
67.889 
67.889 
67.888 



Amount 
to County. 



fl,156.6» 

621.43 

2,808.56 

1,249.62 

2,225.14 

2,700.8» 

1,701.48 

3,922.4g 

2,162.7S 

1.242.16 

801.20 

339.28 

1.065.45 

1,528.00 

2,800.81 

4,212.82 

2,518.45 

284.94 

S,532.3» 

5,729.70 

3,968.82 

4,817.94 

970. U 

1,682.42 

888.86 

2,507.84 

8,98L29 



Digitized by 



Google 



ASSESSMENT OF EXPRESS COMPANY PROPERTJT. 



85 



8TATEMSVT E— Continiied. 



Ck>unty. 



Mileage. 



Rate 
Per Mile. 



Amount 
to County. 



Edgecombe 

Forsyth 

Franklin 

Gaston 

Oates 

Granville 

Guilford 

Hallfox 

Harnett 

Haywood 

Henderson 

Hertford . 

Iredell 

Jackson 

Johnston _. 

Jonee 

Lenoir. , 



Lincoln 

Maoon 



Madison. 
Martin .. 



McDowell. 



Mecklenburg . 
Montgomery.. 

Moore 

Nash 



New Hanover . 
Northampton . 

Onslow 

Orange 

Pasquotank 

Fender 

Perquimans 

Person 



Pitt 

Folk 

Randolph 

Richmond 

Robeson 



61.46 
76.17 
22.91 
a. 76 
14.81 
68.57 
104.29 
81.35 
20.02 
21.57 
33.06 
14.58 
52.91 



69.86 
16.26 
28.07 
29.86 
2.67 
28.80 
51.88 
46.54 
82.10 
24.26 
84.87 
80.88 
38.69 
60.72 
86.81 
27.67 
12.57 



16.80 
27.89 
68.49 
10.00 
70.88 
78.52 
96.09 



167.8 
67.8 
67.8 
ff7.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67.8 
67. S 
67.81 
67.8! 
67.81 
67.81 
67.81 
67.81 
67.81 
67.81 
67.81 
67.9 
67.8] 
67.81 



$4,168.72 
5,167.81 
1,664.21 
4,054.07 
1.004.71 
4,688.17 
7,074.94 
5,618.72 
1,368.15 
1,468.80 
2,242.78 

985.78 
3,589.89 
1,552.86 
4.789.26 
1,106.09 
1,904 27 
2,025.70 

174.37 
1,919.87 
8.485.50 
3,060.41 
5,560.61 
1,645.12 
6,728.60 
2,060.97 
2,285.52 
3,440.82 
2,468.26 
l,8n.l8 

852.76 
4,262.35 
1.106.80 
1.868.14 
4,807.12 

678.42 
4,771.14 
6,826.74 
6,491.72 



Digitized by 



Google 



86 



N. C. CORPORATION COMMISSION. 



8TATIMIHT S— CoitlaMd. 



Oonnty. 



MUeaire. 



Rate 
Per MUe. 



Amount 
to €k>unt7. 



Rockingham .. 

Rowan 

Rutherford 

Sampson 

Stanly 

Scotland 

Stokes 



Surry 

Swain -L-. 

TransTlvanla.. 

Union- 

Vanoe 

Wake 

Warren 

Washington 

Wayne 

Wilkes 

Wilson 

Total 



60.86 
64.78 
42.60 
48.86 
28.19 
17.21 
81.47 
62.66 
88.86 
19.10 
89.80 
86.41 
78.00 
81.20 
21.87 
68.09 
18.11 
81.27 



$67,889 
67.889 
67.889 
67.889 
67.888 
67.889 
67.889 
67.889 
67.889 
67.889 
67.889 
67.889 
67.889 
67.889 
67.888 
67.889 
67.888 
67.888 



$4,026.9S 
8,716.26 
2,888.18 
8,8<7.88 
1,678.21 
1,167.88 
2,184.92 
8,664.96 
2,602.80 
1,296.76 
2,700.02 
2,402.20 
4,962.27 
2,116.60 
1,488.06 
4,001.8& 



2,121.8S 



8,828.00 



226,770.00 



Digitized by 



Google 



ASSESSMENT OP PULLMAN PROPERTY. 



87 



The Pullman Company. 



STATIMXHT F— 1902. 



in Vorth CaroliiUL 



County. 



Alamance 

Anson 

Bertie 

BrunBWlok 

Buncombe 

Burke 



Oabamis 

Caswell 

Catawba 

Chatham 

Cleveland 

Columbus 



Cumberland -^ 

Davidson 

Duplin 



Durham 

Bdgeoombe 

Franklin 

Qaston 

Gates 

Quilford 

Hallfiftx .: 

Harnett 

Henderson 

Hertford 

Iredell 

Johnston 

Biadlson 

McDowell 



County Seat. 



Oraham 

Wadesboro 

Windsor 

Southport 

Ashevllle 



Morganton — 

Concord 

Tanceyvllle -. 

Newton 

Pittsboro 

Shelby 

Whiteyllle 



Mecklenburg 



Payettevllle 

Lexington 

KenansviUe 

Durham 

Tarboro 

Loulsburg 

Dallas 

Gates vlHe 

Greensboro 

Hallux 

LUUngton 

Henderson viUe 

WInton 

Statesville 

Smlthfleld 

Marshall 

Marlon 

Charlotte 



Atlantic 
Coast 
Line. 



Seaboard 
Air 
Line. 



H828.78 



2,665.20 



$5,180.40 



6,290.72 
1,768.67 



4,008.12 
961.95 



Southern. 



12,726.62 



7,214.62 
4,640.48 
2,726.62 
1,122.27 
8,627.16 



1,282.00 



2,064.28 



4,809.76 



4,488.10 



8,687.47 



8,847.80 
2,665.20 

8,687.47 



Totals. 



8,667.55 



8,866.82 



8,206.60 
4,828.78 
4,489.10 
6,180.40 
4,006.18 



12,726.62 
4,828.78 



7,214.62 
4,648.48 
2,726.68 
1,122.27 
8,527.16 
2,666.20 
1,282.60 



6,180.40 
8,847.80 
6,290.72 
2,665.20 
1,768.67 
2,084.28 
8,687.47 



8,667.66 

8,817.87 

961.96 

8,866.82 



8,206.60 
8,817.88 
4,489.10 
6,1A).40 
7,696.60 



Digitized by 



Google 



88 



N. C. CORPORATION COMMISSION. 



THE PULLMAN COKPAVT—CoBtiniitd. 



County. 


County efeat. 


Atlantic 
Coast 
Line. 


Seaboard 
Air 
Line. 


Southern. 


Totals. 


Moore 

Nash 


Carthage 

Nashville. 

Wilmington . 


$1,768.57 
1,442.93 
1.282.60 

4,006.18 

5,180.40 
6,451.05 


$6,092.85 





$6,092.35 
1,763.57 


New Hanover 


2,725.52 


$2,726.53 

1,608.26 
160.33 


1,442.93 
4,008.12 
2,725.53 
4,006.18 


Northampton 

Orange 


Jackson 


H111«^1Y>, 


Pender 


Burgaw 


Polk 


Columbus 

Asheboro 

Rockingham 


1,606.26 
160.83 
5,130.40 
5,461.05 
8,866.83 
6,092.35 
6,252.68 
8,206.50 
10,100.48 
8,687.47 
4,649.48 
4,809.75 


Randolph __ 

Richmond 


Robeson 


Lumberton 


Rockingham _ 


Wentworth 




8,866.88 
6,092.85 


Rowan 

Union 


Salisbury 

Monroe 





6,262.68 
3,206.50 
5,451.05 
3,687.47 


Wake 


Henderson 

Raleigh 





4.649.48 


Warren _ 


Warrenton 

Goldsboro 

Wilson 


4,610.43 
4,809.76 


Wayne 

Wilson 


Total - 


50,181.72 44 ftOl.OO 


85.132.68 


180,206.80 











Digitized by 



Google 



ASSESSMENT OF TELEGRAPH PROPERTY. 



89 



Western Union Telegroph Compony. 



8TATSMEHT O--1902. 



Valuation of property $850,000.00 

Total mileage 14,800.48 

Value per mile 50. 4887 

Apportioned to oovmiiof and towni at ibUowt : 



County. 



Alamance 

Alexander 

Anson 

Beaufort 

Bertie 

Bladen 

Brunswick 

Buncombe 

Burke 

Oabarros 

Oaldwell 

Camden 

€arteret 

Caswell ,. 

Catawba 

Chatham 

Cherokee 

Chowan 

Cleyelaud* 

Columbus 

Craven 

Cumberland 

Currituck 

Davidson 

Davie 

Duplin 

Durham 



Miles. 


Value 

Per 

Mile. 


Valuation. 


88.00 


$50,488 


$5,290.05 


7.00 


69.488 


416.07 


182.00 


50.488 


10,817.85 


18.00 


59.488 


1,009.90 


70.00 


50.488 


4,160.72 


09.00 


69.488 


5,884.44 


117.60 


69.488 


6,984.06 


211.41 


69.488 


12,565.95 


122.00 


69.488 


7,251.53 


805.60 


69.488 


18,169.84 


14.00 


69.488 


882.14 


5.00 


69.488 


297.20 


82.00 


69.488 


1,902.04 


202.65 


69.488 


12,039.32 


102.00 


69,488 


6,082.75 


106.00 


69.488 


6,800.50 


87.88 


69.488 


2,251.64 


4.00 


69.488 


287.75 


184.01 


59.488 


10,987.88 


864.64 


69.488 


21,073.42 


184.00 


69.488 


7.964,80 


264.00 


69.488 


15,691.88 


14.00 


69.488 


882.14 


007.86 


69.488 


41,460.22 


21.00 


59.488 


1,248.22 


868.00 


69.488 


21,279.08 


168.90 


69.488 


9.742.02 




Digitized 


byGoO^ 



90 



N. C. CORPORATION COMMISSION. 



WESTEBV UNIOV TELBGBAPH COHPAVT— ContiniMd. 



. County. 



Miles. 



Value 
Per 
Mile. 



Valuation. 



Edgecombe 

Forsyth 

Franklin 

Gaston 

Gates 

Granville 

Guilford 



Harnett' 

Haywood 

HaUflkx 

Henderson 

Hertford 

IredeU 

Jackson 



Johnston 

Jones 



Lenoir 

Lincoln 

McDowell 

Macon 

Madison _ 

Martin 

Mecklenburg _. 

Mitchell 

Moore 

Nash 

New Hanover 

Northampton _. 

Onslow 

Orange 

Pasquotank 

Pender 

Perquimans 

Person 



Pitt 

Polk 

Randolph 

Richmond 



557.87 

184.68 
48.00 

846.17 
76.00 
98.50 
1,189.15 
50.00 
21.00 

470.56 
92.60 
70.00 

125.00 
28.00 

862.00 
15.50 
48.00 
18.00 

158.10 
2.00 

112,00 

120.00 

787.07 
5.00 

189.50 
19.00 

191.56 

815.00 
86.00 

108.00 
18.00 

809.00 
16.00 
58.00 

184.00 
40.00 
87.50 

150.89 



$59,488 
50.488 
50.488 
59.488 
69.488 
50.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
50.488 
50.488 
59.488 
50.488 
50.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
50.488 
59.438 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 



$88,159.11 
8,006.21 
2,868.06 

20,^6.92 
4,467.91 
5,597.58 

70,681.62 
2,971.94 



27,968.02 
5,504.08 
4,100.72 
7,429.85 
1,867.09 

20,922.45 
921.80. 
2,565.87 
1.060.90 
9,100.08 
118.88 
6,667.14 
7,182.65 

46,782.47 

287.19 

8,29L71 

1,129.84 

11,886. Oa 

18,728.21 

2,189.80 

6,419.8» 

772.71 

18,d66.5» 
051.02 
8,447.45 
7,964.8a 
2,877.K> 
5,200.8» 
9,478.94 



Digitized by 



Google 



ASSESSMENT OF TELEGRAPH PROPERTY. 



91 



wianur uhiov tuioiuph cohpavt— comtiAMd. 



County. 



MUes. 


Value 

Per 

MUe. 


Valuation. 


101.61 


160.488 


•6,089.58 


841.00 


69.488 


20,268.62 


666.65 


69.488 


89,624.86 


908.10 


69.488 


58,e79.1& 


62.90 


69.488 


8,144.80 


96.00 


69.488 


5,706.12 


28.00 


69.488 


1,867.00 


74.00 


69.488 


4,886.47 


68.00 


69.488 


4,041.84 


89.00 


69.488 


2,818. U 


208.90 


69.488 


12,119.57 


96.00 


59.488 


5,706.12 


365.84 


59.488 


21,745.08 


129.00 


59.488 


7,667.60 


12.00 


59.488 


718.27 


849.76 


50.488 


20,789.80 


18.00 


59.488 


1,060 90 


814.69 


59.488 


18,704.7* 


14.800.48 




860.000.00 



Scotland 

Robek>n 

Rockingham 

Kowan 

Rutherford 

Sampson 

Stanly 

Stokes — 

Surry 

Swain 

Uuion 

Vance 

Wake 

Warren 

Washington 

Wayne 

Wilkes 

Wilson 



Digitized by 



Google 



92 



N. C. CORPORATION COMMISSION. 



WE8TEBV XnsnOV TELBGRAPH COHPAVT— Contimied. 



Town. 



lies 
mre. 


Value 

Per 
Mile. 


ValuaUon. 


8.00 


869.488 


$178.82 


1.48 


59.488 


87.97 


.80 


50.488 


47.55 


6.80 


69.488 


374.45 


1.07 


59.488 


68.00 


26.78 


59.488 


1,591.77 


.80 


59.488 


17.88 


6.89 


59.488 


409.58 


2.50 


59.488 


148.00 


42.50 


59.438 


2,526.11 


.27 


59.488 


16.06 


4.77 


59.488 


283.52 


.80 


59.488 


47.55 


8.80 


59.488 


196.15 


10.00 


59.488 


594.39 


2.79 


59.488 


165.83 


.57 


59.488 


83.88 


17.84 


59.438 


1,060.39 


9.08 


68.488 


586.73 


68.52 


59.438 


4,072.74 


1.16 


59.488 


68.95 


29.87 


59.488 


1,775.44 


4.00 


59.488 


287.76 


.88 


59.488 


19.62 


7.91 


59.488 


470.16 


8.60 


50.488 


2W.97 


8.21 


59.488 


488.00 


.68 


59.488 


87.45 


5.00 


59.488 


297.19 


5.82 


59.488 


316.21 


.73 


59.488 


43.39 


1.88 


59.488 


108.77 


.76 


59.438 


45.17 


.67 


59.488 


30.82 


5.00 


69.488 


287.10 


5.88 


59.488 


819.78 


1.00 


69.488 


59.44 


.96 


59.488 


55.28 



Aberbeen 

Ahoskle 



Albemarle 

Apex 

Ashboro 

Ashevllie . 

Ay den 

Battleboro 

Benson 

Bessemer City 

Bethel 

Black Creek 

Bryson City 

Burgaw 

Burlington 

Cameron 

Canton 

Cary 

Chadboarn 

Charlotte 

Cherry vlUe 

China Grove 

Claremont 

Clinton 

Clayton 

Clarkton 



Concord 

Conetoe 

Conover 

Cleveland 

Clyde 

Davidson 

Dallas 

DillBboro 



Dunn 

Durham 

Earles 



Elkln 



Digitized by 



Google 



ASSESSMENT OF TELEGRAPH PROPERTY. 



93 



WESTERN UHIOV TELEGKAPH COMPAVT— Contiiiiied. 



Town. 



Elk Park 

Elm City 

Eyerett 

FaiBon 

Fair Bluff. 

Fayetteyllle 

Pour Oaks 

Franklinton — 

Fremont 

Qastonia 1 

Qoldsboro 

Greensboro 

Qreenville 

Grlfton 

Grover 

Henderson 

Hendersonville 

Hickory 

High Point 

HUlsboro 

Hobgood 

Hope Mills 

HaU&x 



HantersYiUe 

Hot Springs 

Jacksonvilie 

JamesYille 

Jonesboro 

Kenley 

Kelford 



KemersYille 

Kings Mountain . 
Klnston 



KlttreU 

Keytar _^. 



Miles 
of Wire, 



Value 
Per 
Mile. 



Valuation. 



1.20 

1.51 

17.22 

17.68 

.80 
6.70 
6.04 
18.61 

.83 

2.85. 

2.10 

6.67 

41.35 

17.15 

108.52 i 

1.00 

1.46 

8.81 

7.06 

4.94 

10.85 

35.00 

.85 
5.00 
8.12 
10.00 

.90 
8.20 

.71 
1.29 
2.94 
8.42 
8.50 
4.52 
22.98 
5.88 
1.29 
2.06 



$69,488 
50.438 
50.438 
50.438 
59.438 
59.438 
50.438 
50.438 
59.438 
59.438 
50.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.438 
59.488 
59.438 
59.438 
59.438 
59.488 
59.438 
59.438 
69.438 
59.438 
69.438 
69.488 
69.438 
59.488 
69.488 
60.488 
69.488 
69.488 
69.488 
69.488 



171.38 

89.75 

1,023.54 

1,050.88 

47.65 

398.24 

299.57 

1,107.95 

49.38 

169.40 

124.32 

337.02 

2,457.79 

1,019.87 

6.450.30 

50.44 

86.78 

525.44 

419.64 

293.63 

644.92 

2,080.36 

50.52 

297.19 

482.64 

594.80 

58.49 

190.20 

42.20 

76.68 

174.76 

208.28 

206.04 

268.66 

1,866.90 

846.62 

76.68 

122.44 



Digitized by 



Google 



94: 



N. C. CORPORATION COMMISSION. 



WB8TBXN UHIOV TELSORAPH OOHPAVT-4>inti]iiiod. 



Town. 



Miles 
of Wire. 



Value 
Per 
Mile. 



Valuation. 



LaOrange.. 



Laurinbuig 

Lenoir 

Lexington 

Liberty 



LUesviUe 

Littleton 

Llncolnton 

Lowell 

Lucama 



Lamberton . 
Macon 



Madison 

McFarland.. 



Maiden 

Manly 

Magnolia ... 

Biarion 

Marshall 

Mebane 

Maxton 

Milton 



Mooksville 

Morehead City.. 

Monroe 

MooresYille 

Mt. Airy 

Mt. Holly 

Morrisville 

Morven 

Morganton 

Mt. OUve 

Mnrflreesboro ... 

Murphy 

Matthews 

NashviUe 

Now Bern 



New London . 



1.46 
6.00 

.57 
16.88 
2.84 
6.00 
4.68 
1.88 
16.00 
4.88 
1.71 
8.48 
8.14 
1.92 
LOO 
8.00 
10.00 
4.40 
4.28 
2.92 
6.84 

.26 

.50 
2.18 
5.80 
1.70 
8.17 
1.00 
2.80 
1.00 
6.72 
6.80 
L14 

.88 
6.00 

.67 
8.86 



169.488 
69.488 
69.488 
59.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 



69.488 
69.488 
69.488 
69.488 



69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
69.488 
59.488 



186.78 
866.64 

88.88 
970.66 
189.09 
297.19 
278.17 
108.77 
961.04 
280.84 
101.64 
206.86 
186.64 
114.12 

60.44 
178.82 
694.89 
261.66 
264.40 
178.65 
876.84 

15.45 

29.72 
126.60 
844.76 
101.06 
188.42 

69.44 
166.42 

69.44 
889.99 
815.08 

67.76 

49.88 
856.64 

89.82 



88.82 



Digitized by 



Google 



ASSESSMENT OP TELEGRAPH PROPERTY. 



95 



wianur vmov tilmkaph compavt— comtiiiiMd. 



Town. 



Miles 
of Wire. 



Value 
Per 

Mile. 



Valuation. 



Newport 

Newton 

North Wilketboro.. 

Norwood 

Old Fort 

Oxford 

Parmele 

Plkevllle 

Pine Lerel 

Pilot Mountain 

PlnevUle 

Polkton 



PoUocksvUle 

Plymouth 



Ramseur 

Bandleman .. 

Raleigh 



Red Springs 

ReldBYllle 

RobersonvUle 

Rockingham 

Rocky Mount 

Roseboro 

Rowland 

Roxboro 

Salem . 



Saluda 

Sanford 

Seabocurd - 



Selma 

Scotland Neok» 

Shelby 

SUer 

Smlthfleld 



Southern Pines 

Spilnghope 

Stanly Creek 



1.40 

6.72 

1.00 

.10 

2.80 

8.96 

2.15 

6.47 

8.60 

.00 

19.88 

5.00 

.50 

.81 

1.40 

.40 

81.82 

8.00 

84.45 

.60 

5.15 

84.22 

.74 

8.28 

2.00 

1.71 

64.57 

8.00 

11.85 

4.00 

11.42 

1.00 

6.37 

2.00 

.90 

8.61 

.60 

.88 



159.488 
50.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
69.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
50.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 



Digitized by 



888.22 

889.99 

59.44 

5.04 

166.42 

285.88 

127.79 

884.57 

218.98 

58.49 

1,148.96 

297.19 

29.72 

48.14 

88.22 

28.78 

1,861.68 

178.82 

2.047.67 

86.66 

806.11 

2,068.99 

48.98 

194.96 

118.88 

101.64 

8,248.67 

178.82 

674.68 

287.76 

678.79 

59.44 

818.24 

U8.88 

58.49 

208.18 

86.66 

49.88 



Google 



96 



N. C. CORPORATION COHMISSION. 



WE8T£BH UHIOV TBLEOBAPH COXPAVT— CoBtiniied. 



Statesville 

Stonevllle 

Sylva 

Tarboro 

Taylors vine 

Thomasvllle 

Trinity 

Tryon City 

Vaughan 

Wallace 

Warrenton 

Warsaw 

WasblDgrton ._ 

Wax haw 

Wayneevllle 

Wake Forest.. 

Weldon 

Whltevllle 

Whltaker 

Willlamston.„ 
Wilmington— 

Wilson 

Win&ll 

Winston 



Town. 



Miles 
of Wire. 



8.62 

1.74 

.67 

14.87 

.87 

30.05 

.80 

2.70 

S.48 

6.70 

1.74 

14.20 

2.00 

.87 

.93 

3.89 

21.88 

6.60 

17.19 

.92 

49.28 

17.23 

.60 

9.88 



1,259.51 



Value 
Per 
Mile. 



Valuation. 



159.438 
59.488 
59.488 
59.488 
59.438 
50.488 
59.488 
50.488 
50.488 
59.488 
50.488 
59.438 
59.488 
59.488 
59.438 
59.488 
59.488 
59.488 
59.488 
59.488 
59.488 
50.488 
59.488 
50.438 



59.488 



$512.86 

108.43 

89.82 

883.85 

21.99 

1,786.14 

47.55 

160.48 

206.85 

398.25 

108.42 

844.08 

118.88 

61.72 

55.28 

201.50 

1,270.80 

892.30 

1,021.75 

54.68 

2,929.14 

1,024.18 

29.72 

551.56 



74,868.72 



Miscelloneous Telegroph Componies. 



8TATEXBBT H. 



Name of Company. 



Atlantic Postal Telegraph Cable Co.. 
Carthage Telegraph Co •_ 



Elisabeth City and Norfolk Telegraph Co ... 
LouUbuiv Telegraph Co 



Lenoir and Blowing Rook Telegraph Co 

Wilmington and Sonthport Telegraph Line 
Western Union Telegraph Co 



PoBtoffloe Address. 



W. H. Baker, 258 Broadway, N. Y. 
W. C. Petty, Carthage 



Chas. Onlrken, Elizabeth City., 
E. J. Cheatham, Franklinton... 

G. F. Harper, Lenoir 

J. T. Harper, Southport 



J. B. Tree, Richmond, Va 



Valuation. 



160,000.00 
400.00 
2,200.00 
500.00 
540.00 
500.00 

850,000.00 



1004,140.00 



Google 



Digitized by 



ASSESSMENT OF TELEGRAPH PROPERTY. 



97 



Atlontic Postal Telegraph Cable Company. 



STATEMENT 1—1903. 



Total valuation. 

Miles of wire 

Value per mlle.^ 



$50,000.00 

2,016.82 

24.43 



Apportiomed to oovitiet at ibUowt : 



County. 



Miles Value v„i„«4»^« 

of Wire, i Per Mile. Valuation. 



Alamance 

Bladen 

Brunswick 

Cabarrus 

Caswell 

Columbus 

Cumberland 

Davidson 

Durham 

Forsyth 

Franklin 

Guilford 

Harnett 

Hallfiix 

Johnston 

Mecklenburg: 

New Hanover 

Northampton 

Orange 

Richmond 

Robeson 

Rockingham 

Rowan 

Scotland 

Vance 

Wake 

Warren 

Total 



29.00 

9^20 

27.80 

17.70 

14.80 

17.00 

212.06 

49.20 

87.80 

25.80 

97.20 

122.90 

147.00 

76.00 

7.00 

22.10 

4.00 

41.00 

84.40 

12.50 

106.24 

89.40 

51.80 

106.90 

162.40 

298.80 

188.20 



S24.48 
24.48 
21.43 
24.48 
24.43 
24.43 
24.48 
24. J3 
24.43 
24.48 
24.48 
24.48 
24.48 
24.48 
21.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 
24.48 



2,040.82 



8708.42 

2,825.57 

679.10 

432.38 

361.51 

415.28 

5,180.72 

1,201.86 

911.17 

680.24 

2,374.42 

3,002.22 

8,600.98 

1,856.53 

171.00 

589.86 

97.71 

1,016.22 

840.88 

805.35 

2,644.10 

962.47 

1,826.45 

2,660.22 

3,967.13 

7,176.98 

4, 62k 80 



50,000.00 



2- 



Digitized by 



Google 



98 



N. C. CORPORATION COMMISSION. 



ATLiOrTIC POSTAL TELEGRAPH CABLE C0KPAH7— Contimiod. 



Towns. 



Burlington 

Charlotte 

Concord 

Durham — 

Fayott^ville 

Franklinton 

Greensboro 

Henderson , 

Littleton 

Mebane 

Raleigh 

Reldsville 

Salisbury 

Warrenton 

Winston 

Wilmington 

ToUl 



Miles 
of Wire. 



4.00 

6.94 

8.70 

2,90 

15.75 

6.00 

14.85 

10.00 

12 00 

1.40 

22.65 

3.00 

8 70 

6.40 

2.50 



Value 
Per Mile. 



$24.48 
24.48 
24.48 
21.48 
24.43 
24.43 
24.48 
24.43 
24.48 
24.43 
24.43 
24.43 
24.43 
24 48 
24.48 
24.48 



ValDation. 



197.71 
169.58 
212.52 

70.84 
884.75 
146.57 
850.54 
244.28 
2»8.14 

84.20 
558.29 

78.28 

90.88 
156.34 

61.07 
150.00 



8,088.44 



STATSMEITT J— Xitoellanaoiit Telegraph Companiet. 



Name of Company. 



Elizabeth City and Norfolk Telegraph Co 

Valuation $2,200.00 

Miles of wire 58.00 



Total 

Carthage Telegraph Co _. 

Valuation .- _._ $400.00 

Miles of wire 18.50 

Louisburg Telegraph Co 

Valuation $500.00 

Miles of wire 10.00 

Lenoir and Blowing Rock Telegraph Co 

Valuation - $540.00 

Wilmington and South port Telegraph Lme 

Valuation $500.00 



County. 



I Miles 

I of 

Wire. 



Chowan 

Perquimans 

Pasquotank 

Camden 



Moore.. 



Franklin . 



Caldwell- 

Watauga 

Brunswick . 



4.00 
18.00 
20.00 
11.00 



58.00 
18.50 



10.00 



Value 
Per 
Mile. 



$41.51 
41.51 
41.51 
4L51 



Val- 
uatlon. 



$166.06 
747.17 
880.20 
456.60 



2,000.00 
400.00 



600.00 



400.90 

49.10 

500.00 



Digitized by 



Google 



ASSESSMENT OF TELEGRAPH PROPERTY. 



99 



Telephone Componies. 



8T4TEMEHT K. 



Name of Company. 



Albemarle Telephone Co.. 



American Telephone and Telegraph Co. of N. C. 

Ashboro Telephone Co 

AsbevlUe Telephone Co 

Battleboro Telephone Co 

Boy kins Conway Telephone Co 

Burke County Telephone Co 

Carolina Telephone and Teiegraph Co 

Camden Telephone Co 

Carolina and Vlixinla Telephone Co 

Carthage Telephone Co , 

Chapel Hill Telephone and Telegraph Co 

Charlotte Telephone Co 

Clinton and Dnnn Telephone Co___ _. 

Concord Telephone Co 

Edenton Telephone Co 

Elisabeth City Telephone Co _ 

Forest City Telephone Co 

Foscue and Montezuma Telephone Co. 

Gaston Telephone Co _ 

Gastonla Telephone Co 

Greensboro Telephone Exchange 

Hasty Telephone Co 

Henderson Telephone Co 

Hertford County Telephone Co 

Jackson and Rich Square Telephone Co 

Kenansville Telephone Co 

Lattimore Telephone Co — 

Lamberton Telephone Co 

Madison Telephone Co— -. 



Name of OfQoer and Post-office 
Address. 



J. M. Morrow, Albemarle, N. C 

Albert B. Chandler, New York ) 

A. B. Andrews, Jr., Raleigh, N. C J 

E. L, Moffltt, Ashboro, N. C 



H. P. Proctor, AshevlUe, N. C. 
W. S. Proctor, AghevlUe, N . C. 



H. B. Marriott, Battleboro, N. C 

J. W. Hoggard, Swan, N. C \ 

J. B. Stephenson, 8evem, N.C j 

Geo. I. White, Marion, N. C 

Geo. R. Holdemess, Tarboro, N. C 

H.T.Groenleaf, Elisabeth City, N.C- 

J. P. Taylor, Henderson, N. C 

D. A. McDonald, Carthage, N. C 

J. W. Gore, Chapel Hill, N. C 



Assessed 
Value. 



James B. Curtis, New York \ 

James Q. Taylor, Charlotte, N. C j 

L. J. Best, Dunn, N. C 

W. C. Houston, Concord, N. C 

E. R. Conger, Edenton, N. C 

H. T. Greenleaf, Elizabeth City, N. C- 

Ed. Thompson, Cllffdale, N. C 

E. J. Coffey, Kelsey, N. C 

R. H. Adams, Davidson, N. C. 

W. T. Love, Gastonia, N. C 

T. J. McAdoo, Greensboro, N. C 

William Jones, Hasty, N. C 

J. P. Taylor, Henderson, N. C 

S. 8. Daniel, Wlnton, N.C- 

P. T. Hicks, Lasker, N. C 

W. M. Shaw, Kenansville, N. C 

S. S. Royster, Mooresboro, N. C 

A. W. McLean, Lumberton, N. C ..- 
Thos. S. Rollins, Marshall, N. C 



92,000.00 

60,000.00 

1,250.00 

25,000.00 

800.00 

300.00 

2,260.00 
43,000.00 

1,600.00 

28,417.00 

315.00 

2,250.00 

8,500.00 

1,620.00 

8,000.00 

2,100.00 

7,600.00 

1,025.00 

142.00 

' 8,500.00 

8,500.00 

12,500.00 

125.00 

55,000.00 

475.00 

185.00 

157.50 

1,000.00 

8,000.00 

1,000.00 



Digitized by 



Google 



100 



N. C. CORPORATION COMMISSION. 



T£LEPH09£ PROPEBTT—Continiied. 



Name of Company. 



Marlon Telephone Co 

Mebane-RldgeviUe Telephone Co 

MocksviUe Telephone Co 

Monroe Telephone Co 

Moore Telephone Co 

MooresviUe Telephone Co 

Morehead City Telephone Co 

Mutual Telephone Co 



Pamlico and Beaufort Telephone Co 

Plttsboro Telegraph and Telephone Co 

Raleigh Telephone Co 

Reldsville Telephone and Telegraph Co 

Rutherfordton Telephone Co 

Salisbury Telephone Co 

Snow Hill and FarmvlUe Telephone Co 

Southern Bell Telephone and Telegraph Co_-. 

Statesvllle Telephone Co 

Stribbling, Wm. J., Telephone Co 

The Interstate Telephone and Telegraph Co 

Taylorsville Telephone Co 

Thomas ville Telephone Co 

Tyrrell County Telephone Co 

Wadesboro Telephone Co 

Washington County Telephone Co 

Washington and Hyde County Telephone Co. 

WaynesvIUe Telephone Co 

Wilkin Electric Co 



Name of Officer and PostK>ffie 
Address. 



Williamston Telephone Co.. 
Total 



H. 8. Finley, Marion, N. C 

D. E. Wilkinson, Ridgevllle, N. C 

Lewis G. Horn, Mocksvllle, N. C 

R. A. Morrow, Monroe, N. C 

Jas. C. Moore, Globe, N. C 

C. V. Vails, MooresviUe, N. C — 

Chas. L. Wallace, Morehead City, N.C. 

W. A. Lemly, Winston-Salem, N.C 

J. F. Cowell, Bayboro, N. C 

W. L. London, Plttsboro, N. C 

W. N. Jones, Raleigh, N. C 

C. N. Evans, Reldsville, N. C— 

John C. Mills, Rutherfordton, N. C 

W.F.Snider,Sali8bury,N.C 

B. W. Edwards.Snow Hill, N. C 

Edward J.Hall,Morristown,N.J ..1 
Henry Smith, Raleigh, N. C / 

F. M.Brown, Statesvllle, N. C— 

Wm. J. Stribbling, Walhalla,S. C 

L. A. Uarr, Durham, N. C 

E. W. Moose, Taylorsville, N.C 

J. A. Green, ThomasvlUe, N.C 

D. O. Newberry, Columbia, N. C 

W. P. Parsons, Wadesboro, N. C 

D. O. Newberry .Columbia, N. C 

H. R. Way, Haslin, N. C 

W. H. Cole, WaynesvIUe, N. C 

H. W. Horton, N. Wllkesboro, N.C 

W. C. Manning, WUllamston, N. C 



AjBsessed 
Value. 



$2,000.00 

650.00 

1,434.00 

2,100.00 

600.00 

4,260.00 

800.00 

1,250.00 

1,450.00 

250.00 

10,000.00 

3,500.00 

2,500.00 

13,500.00 

200.00 

38,234.00 

4,000.00 

400.00 

80,000.00 

eoo.oo 

1,755.00 
400.00 
2,300.00 
450.00 
1.250.00 
2,000.00 
2,500.00 
8,000.00 



888,964.50 



Digitized by 



Google 



ASSESSMENT OF TELEPHONE PROPERTY. 



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N. C. COBPORATION COMMISSION. 



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ASSESSMENT OF TELEPHONE PROPERTY. 



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7,600.00 
1,026.00 
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8,600.00 


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104 



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ASSESSMENT OF TELEPHONE PROPERTY. 



105 



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Digitized by 



Google 



ASSESSMENT OF TELEPHONE PROPERTY. 



107 



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108 



N. C. CORPORATION COMMISSION. 



Bridge, Canal and Steamboat Companies. 



8TATEHEVT M. 



Name of Company or Steamer. 



Albemarle Steam Navigation Co 

Braddus-Ives Lumber Co 

Black River Lumber Co 

Cape Fear River Transportation Co 

Charles M. Whltlock _ _. 

Cr«>8U8 

Cape Fear Towing and Transportation Co 

Fairfield and Elizabeth City Transportation Co. 

Independent Steamboat Line Co 

Lillian Annie 

Goldsboro Navigation Co 



Diamond Steamboat and Wrecking Co 

Moccasin River Steamboat Co _. 

Merchants and Farmers Steamboat Co 

New Bern and Snow Hill Steamboat Line Co.. 
Old Dominion Steamship Co 

Perquimans River Line Co 

Roanoke and Tar River Steam boat Co 

Steamer Buck 1 

Imperial 

Carolina 

Tar River Oil Co 

Vanceboro Steamboat Co 

Brannlng Manufacturing Co 

Lake Drummond Canal Co._ 

Piedmont Toll Bridge Co 

Fairfield Canal and Turnpike Co 

Brunswick Bridge and Ferry Co 

Albemarle and Chesapeake Canal Co 

Total 



Name of Oflacer or Owner and 
Poetroffloe Address. 



J. A. Pretlow, Franklin, Va 

Charles L. Ives, New Bern 

W. L. Cook, Fayettevllle 

do 

Ellis Sherman, Wilmington 

T. H. Hawkins, Wilmington 

William St. George, Southport 

Walter Tafl, Wilmington 

F. F. Spencer, Fairfield 

J. J. Lasslter, New Bern 

A. E K. Marine, Marines 

Thos. H. Holmes, Sec., Goldsboro. 

E. D. Williams, Wilmington 

L. A. Cobb, Grifton 

T. L. Love, Wilmington ._ 

M. B.Smith, New Bern 



W. L. Gulllander, New York, 81 
Broad Street (under protest). 

W. G. Galther, Hertford 

John D. Biggs, Williamston 

W. H. Ward, Wilmington 

Charles Wessel, Wilmington 

A. J. GatUn, Vanceboro 

B. V. Zoeller, Tarboro 

J. B. Harvey, Vanceboro 

Horton Corwln, Edenton 

W. B. Brooks, Jr., Baltimore, Md. 

D. A. Julian, Salisbury.- 

S. B. Sadler, Fairfield 

W. A. McGowan, Wilmington 

D.S. Burwell, Norfolk 



Assessed 
Value. 



"I 



98,100.00 

800.00 

1,250.00 

2,200.00 

1,000.00 

300.00 

23,500.00 
700.00 
1,500.00 
2,200.00 
1,000.00 
1,600.00 
8,000.00 
1,700.00 
7,000.00 
2,400.00 

56,500.00 

2,500.00 

12,800.00 

1,000.00 

OOO.OO 

850.00 

4,550.00 

850.00 

7,000.00 

16,000.00 

•8,000.00 

7,650.00 

6,800.00 

75,000.00 

249,950.00 



• No apportionment to county. 



Digitized by 



Google 



BRIDGE, CANAL AND STEAMBOAT PROPERTY. 



109 



BBIDGE, CAHAL AND 8TEAKB0AT C0MPAHIE8— Contumed. 



Name of Company. 




County. 



Appor- 
tionment. 

tp 
County. 



Albemarle Steam Navigation Co . 



Albemarle and Chesapeake Canal Co. 

Braddus-Ivee Lumber Co 

Black River Packet Co 



Branning Manufacturing Co ^ 

Brunswick Bridge and Ferry Co 

Cape Fear River Transportation Co 

Cape Fear Towing and Transportation Co 

Charles M. Whitlock— Ellis Sherman, owner 

Croesus— T. H. Hawkins, owner 

Diamond Steamboat and Wrecking Co 

Fairfield and Elizabeth City Transportation Co 

Fairfield Canal and Turnpike Co 

F and F— Walter Taft, owner 

Independent Steamboat Co 

Lillian Annie— A. E. K. Marine, owner 

Merchant and Farmers Steamboat Co | 

Moccasin River Steamboat Co 

New Bern and Snow Hill Steamboat Line Co ' 

Old Dominion Steamship Co 



Perquimans River Line Co 

Roanoke and Tar River Steamboat Co 

Steamer Buck— W. H. Ward, owner 

Steamer Imperial— Charles Wessel, owner. 

Tar River Oil Co 

Vanceboro Steamboat Co 



$8,100.00 


; BerUe 


$2,025.00 




1 Chowan 


2,025,00 




i Gates 


2,025.00 




Hertford 


2,025.00 


75,000.00 


Currituck 


75,000.00 


800.00 


Craven 


800.00 


1,250.00 


Cumberland 


1,250.00 


7,000.00 


Chowan 


7,000.00 


6,800.00 


Brunswick 


0,300.00 


2,200.00 


Cumberland 


2,200.00 


28,500.00 


Brunswick 


28,500.00 


1,000.00 


1 Pender 


1,000.00 


300.00 


' New Hanover 


300.00 


8,000.00 


New Hanover 


8,000.00 


1,5(0.00 


Hyde 


1,500.00 


7,650.00 


Hyde 


7,650.00 


700.00 


New Hanover 


700.00 


2,200.00 


Craven 


2,200.00 


1,000.00 


Onslow 


1,000.00 


7,000.00 


New Hanover 


7,000.00 


1,700.00 


Pitt 


1,700.00 


2,400.00 


Craven.- 


2,400.00 


56,500.00 


Dare 


6,166.66 




Hyde 


7,166.68 




Pamlico 


3,966.66 




Craven 


7,166.68 




Beaufort 


22,450.00 




Pitt 


8,250.00 




Edgecombe 


2,000.00 




Pasquotank 


2,166.66 




Camden 


2,166.66 


2,500.00 


Perquimans 


2,500.00 


12,600.00 


Martin 


12,800.00 


1,000.00 


Pender . 


1,000.00 
600.00 


600.00 


New Hanover 


4.550.00 




4,550.00 


960.00 


Craven 


960.00 



Digitized by 



Google 



110 N. C. CORPORATION COMMISSION. 

BRIDGE, CAVAL AVD STEAMBOAT C0MPAVIB8— ConUnttad. 



Name of Company. 


Value. 


County. 


Appor- 
tionment 

to 
County. 


Lake Drummond Canal Co 


$16,000.00 

850.00 
1,600.00 


Camden 


$8,000.00 

8,000.00 

850.00 


Steamer Carolina 


Pasquotank 

Craven 


Qoldsboro Steam Navigation Co.„ 


Wayne 


1,600.00 


Total 


240,050.00 


249,050.00 







Digitized by 



Google 



STREET RAILWAY, GAS AND ELECTRIC LIGHT PROPERTY. Ill 



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112 



N. C. CORPOBATION COMMISSION. 



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STREET RAILWAY, GAS AND ELECTRIC LIGHT PROPERTY. 113 



STREET RAILVA7, GAS AVD ELECTRIC LiaHT C0KPAHIE8— Continiied 
Apportionment to coanties. 



Name of Company. 


County. 


Vahiation 
to County. 


AsbevlUe Electric Co 


Buncombe 


$2,248.00 


Asbevllle Street Railroad Company 


Buncombe 


16,000.00 


Charlotte Consolidated Construction Co 


Mecklenburg 


150,310.00 


Consolidate^ Railways, Light and Power Co 

Orwjtisboro Klectric Co _. , ..^^. . .._. 


New Hanover 


184,425.00 


Guilford 


62,500.00 


Pineburst Railroad Co 


Moore— 


4,540.00 
40,294.00 


The Fries Manuftbcturing and Power Co 


Forsyth 








Total _ 


460,312.00 




Robeeon — _. 

Guilford — 




Carolina Electric Co 

Greensboro Gas and Electric Light Co 

Henderson Lighting and Power Co. 


1,000.00 
6,900.00 


Vance 


2,500.00 


Salisbary Gas and Electric Light Co 


Rowan 


11,000.00 


Standard Gas and Electric Co. of Raleigh 


Wake 

Forsyth 


24.620.00 


Winston-Salem Gas and Lighting ('o 


10,000.00 






Total „ 


56,020.00 









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114 



N. C. CORPORATION COMMISSION. 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



115 



COKPILATIOtf FROM RAILROAD RETURNS ?0R THE TEAR EVDIHG JTJVE 30, 1902. 



Atlantic Coast Line F^allroad Company. 



OFFICERS. 



Title. 



Presl'lent 

First Vice-President 

Second Vice-President 

Third Vice-President 

Secretary 

Treasurer 1 

Acting General Auditor 

Assistant Auditor 

Assistant Auditor 

General Manager 

Engineer of Roadway 

General Superintendent 

General Superintendent 

Superintendent 

Superintendent 

Superintendent Motive Power_, 

Purchasing Agent 

Superintendent of Trains 

Traffic Manager 

General Freight Agent 

General Passenger Agent 



Name. 



A. G. Elliott 

H. Walters 

Alexander Hamilton..^ 

C.S. Gadsden __ 

James F. Post 

do.._ 

Geo. S. LeGrand 

Spencer LeGrand 

R A. Williams-.. 

J.R. Kenly 

E. B. Pleasants 

J. P. Divine 

G. M. Serpen _ 

M. Riddle, Jr 

W. N. Royall 

J. S. Chambers 

F. H.Fechtlg 

E. Borden 

F. M. Emerson 

H. M.Emerson- ..- 

do- 



Location of Office. 



Wilmington, N. C. 
Wilmington, N. C. 
Petersburg, Va. 
Charleston, S. C. 
Wilmington, N.C. 
Wilmington, N. C. 
Wilmington, N. C. 
Norfolk, Va. 
Richmond, Va. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Richmond, Va. 
Charleston, S. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 
Wilmington, N. C. 



DIRECTORS. 

Michael Jenlclns, Baltimore, Md.; Waldo Newcomer, Baltimore, Md.; H. Walters, Balti- 
more, Md.; F. W. Scott, Richmond, Va.; D. W. Lassiter, Petersburg, Va.; Geo. Howard, Tart>oro 
N. C; E. B. Borden, Goldsboro, N. C; W. G. Elliott, Wilmington, N. C; Don MacRae, Wilming- 
ton, N. C; H. B. Short, Lake Waccamaw, N. C; J. W. Norwood, Greenville, 8. C; J. J. Lucas» 
Society mil, S. C. Terms expire third Monday in November. 



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116 



N. C. CORPORATION COMMISSION. 



PROPEETT OPESATED— State of !7ortli Carolina. 



Name. 



Allan tic Coast Line Railroad 
Railroad Co.— Main Line. 



Branch lines. 



Wilmington Street Railway.. 
Seaboard Air Line Railway... 



Terminals. 



From— 



I 



To- 



Rlchmond 

Weldon.. 

So. Mocky Mount. 

Norfolk 

WilmlnglonJct. 
Wilmington Jet . 
Wilmington Jet .. 

Tarboro 

Pender — 

Parmele 

Rocky Mount 

Warsaw 

Ooldsboro — 

Wilmington 

Parkton 

Elrod... 

Florence 

Darlington 

Spurs 

Wilmington 

S. and R. Jet ... 



S. and R. Jet 

So. Rocky Mount- 
Florence 

So. Rocky Mount- 

Sanford 

Contentuea 

Pee Dee 

Plymouth 

Klnstou 

Washington 

Spring Hope 

Clinton 

Sralthfleld 

New Bern 

Bennettiiville 

Conway 

Wadesboro _ 

Gibson 



Mills, etc 

Dummy Line (lease). 
Weldon (rental) 



Miles of 

Line for 

each Road 

Named. 



PSOPBRTT OPEBATED-Entire Line. 



7.08 
37.90 
134.70 
80.49 
116.40 
106.00 
67.61 



Miles of 
Line for 
each Class 
of Roads 
Named. 



53.89 
85.82 
25.39 
19.20 
W.4S 
21.50 
90.32 I 
34.44 I 
46 38 I 
13.90 1 
.37 i 



549.08 



404.64 

26.96 

1.25 

2.30 



984.27 



Atlantic Coast Line Railroad | Richmond ' S. and R. Jet 

Co— Main Line. ' I 

, Weldon So. Rocky Mount.. 

I So. Rocky Mount. Florence, S. C 

' Florence Charleston 

I Florence _ • Robblns 

! Sumter [ Columbia 



Norfolk So. Rocky Mount- 
Wilmington Jet .-I Sanford 



I Wilmington Jet.. 
I Wilmington Jet .. 

Branch lines I Clopton.. 

; Dunlop 



Contentnea... 

Fee Dee 

James River.. 
Acree 



Bruce ' Pig Folnt. 



80.29 

:I7.90 
172.15 : 
101.70 
187 50 

42.70 
114.87 
116.40 
105 00 

97.18 



455 

6. .51 I 
6.53 I 



1,005.00 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



117 



PBOPISTT OPlBATBD^Entire Line— ContUuad. 





Terminals. 


Miles of 


Miles of 
Line for 


Name. 






Line for 

each Road 

Named. 


each Class 




From— 


To- 


of Roads 
Named. 


Branch llnee— (Con.) 


Drivers 


Bennett's Pasture 


1.55 






Armstead 


S. and R. R. R 

Plymouth 


1.18 
56.89 






Tarboro 






Pender 


Klnston 


85.82 






Parmele 


Washington 


25.89 






Rocky Mount 


Spring Hope 


19.20 






Warsaw 


Clinton 


18.48 






Ooldsboro Jet 


Smlthfleld 


21.60 






Wilmington Jet .. 
Parkton 


New Bern 


90.82 






S. C. State Line 


84.44 






Elrod 


Conway 


71.38 






Latta 




19.78 






Florence 


Wadesboro 


64.52 






Floyds 


HartsvUle . 


10.00 






Darlington 


Gibson 


36.64 






Creston _...._..- 


Pr^nalls — 


40.80 






Eaatawvllle 


Ferguson 


6.16 






Sumter 


Darlington 


37.64 






Elliots 


Lucknow 


16.48 


667 67 


Atlantic Coast Line Railroad 
Co— leased lines— 


Spurs 


Factories, etc 




46.77 


Boatb Carolina Pacific Rail- 
way Co. 


N. C. State Line— 


Bennettevllle 


10.50 




Central Railroad Company 
of South Carolina. 


Lanes 


Sumter . 


40.20 




Wilmington Street Railway 


Wilmington 


Dummy Line 


1.25 






Spurs -_ _ __ _ 


Mills, etc 


2.37 




Trackage rights- 
Seaboard Air Line 




'54 82 


8. and R. Jet 

Robbins 


Weldon 


2.30 
28.80 




C. and W. C. Railway Co„ 


Augusta 








31 19 








Total _. 


1,806.64 








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118 



N. C. CORPORATION COMMISSION. 



rUHDED DEBT. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





Time. 


Amount 

of 

Authorized 

Issue. 


Amount 
Issued. 


Amount 

Out- 
standing. 


Cash 


Class of Bond or Obligation. 


il 




Realized on 
Amount 
Issued. 


R. A P., first mortgage 




1915 
1915 
1940 
1926 
1926 
1989 
1946 
1985 
1985 
1944 
1944 
1949 
1948 
1963 
1910 
1943 
1938 

1988 


950,000 

350,000 

1,000,000 

1,000,000 

1,000,000 

1,600,000 

500,000 

3,062,000 

968,000 

500,000 

500,000 

1,800,000 

8,000,000 

694,000 

1,600,000 

1,108,000 

400,000 


•50,000 

850,000 

300,000 

868,000 

800,000 

1,820,000 

400,000 

3,062,000 

938,000 

500,000 

500,000 

1,800,000 

5,500,000 

694,000 

1,600,000 

1,108,000 

366,000 


924,500 
816,000 
300,000 
868,000 
800,000 

1,820,000 
400,000 

3,062,000 
988,000 
600,000 
600,000 

1,800,000 

6,547,000 
657,000 

1,600,000 
9,000 
6,000 


946,180.76 


R. A P., first mortgage 

R. A P., consolidated mortgage.. 

Petg., Class " A," mortgage 

Petg., Class " B," mortgage 

N. A C, first gold mortgage 

N. A C, second gold mortgage 

W. A W., general first mortgage. 
W. A W., general first mortgage. 
A. A. R. R. R., first mortgage 

W. A N. B., first mortgage 

Yadkin Division, mortgage 

A. A L. of S. C, general mortgage 

N. E. R. R., first mortgage 

W. C. A A., first mortgage 

M. A A., first mortgage 

C. A D., first mortgage 


1876 
1800 
1881 
1881 
1889 
1896 
1885 
1897 
1897 
1897 
1899 
1898 
1888 
1879 
1898 
1888 

1887 
1888 


^6,495.24 

288,926.38 

868,000.00 

800,000.00 

1,320,000.00 

360,000.00 

3,082,000.00 

938,000.00 

500,000.00 

500,000.00 

1,800,000.00 

5,500,000.00 

694,000.00 

1,600,000.00 

1,108,000.00 

366,000.00 






Total 


24,002.000 


20,166,000 


18,646,500 


20,027,552.38 


Certificates of 

Indebtedness— 

W. <fe W. R. R 


2,500,000 

380,000 

3,000,000 


2,500,000 

380,000 

8,000,000 


2,600,000 

880,000 

8,000,000 




W. A W. R. R.-«peclal trust. 
A. C. L. R R 














Total 


5,880,000 


5,880,000 


5,880,000 














Total mortgage bonds 

Total mlHcellaneous obliga- 
tions. 
Grand t/Otal 


24,002,000 
6,880,000 


20,156,000 
6,880,000 


18,646,500 
5,880,000 





29,882,000 


26,066,000 


24,626,500 


20,027,662.88^ 









CAPITAL STOCK. 



Description. 


Number 

of Shares 

Authorized. 


Par 
Value of 
Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Outr 
standing. 


Dividends Declared 
During Year. 




Rate. 


Amount. 


Canital stock — Common.. 








923,150,000 
18,850,000 


IH— 2 


S556. 157.00 


Preferred — 


.____. . 







5 942,500.00 


Total 


1,000,000 


9100.00 


9100,000,000 


42,000,000 1 1 1,498,667.00 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



119 



FU9DBD DEBT—Contiiitted. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 



Class of Bond or Obligation. 



R. 4 P., first mortgage 

R. A P., first mortgage 

R. & P., consolidated mortgage 

Petg., Class "A," mortgage 

Petg., Glass " B," mortgage 

N. A C , first gold mortgage 

N. A C.J second gold mortgage 

W. A W., general first mortgage—. 

W. A W., general first mortgage 

A. A R R. R., first mortgage 

WAN. B., first mortgage 

Yadkin Division, mortgage 

A. A L. of 8. C, general mortgage.. 

N. E. R. R, first mortgage 

W. C. A A., first mortgage 

M. A A., first mortgage 

C. A D., first mortgage 

Total 



Certificates of Indebtedness— 

W. A W. R. R 

W. A W. R R— special trust 

A. C. L. R. R - 

Total 



Total mortgage bonds 

Total miscellaneous obligations.. 
Grand total 



Interest. 



Rate. 

7 
6 

5 
6 
5 
5 
5 
4 
4 
4 
4 
4 



5 
5 



When Payable. 



May and Nov _ 
May and Nov _ 
April and Oct - 
Jan. and July _ 
April and Oct. 
April and Oct. 
Jan. and July . 
Jan. and July . 
Jan. and July. 
Jan. and July. 
Feb. and Aug . 
June and Dec. 
Jan. and July . 
Jan. and July - 
June and Dec. 
Jan. and July - 
April and Oct . 



April and Oct. 
April and Oct . 
Jan. and July. 



Amount 

Accrued 

During 

Year. 



81,716.00 
18,960.00 
13,500.00 
43,400.00 
48,000.00 
06,000.00 
20,000.00 

158,100.00 
37,520.00 
20.000.00 
20,000.00 
72,000.00 

221,880.00 

39,420.00 

96,000.00 

450.00 

250.00 



872,196.00 



175,000.00 
22,800.00 
120,000.00 



317,800.00 



872,195.00 
817,800.00 



1,189,995.00 



Amount 

Paid 

During 

Year. 



$1,715.00 
18,960.00 
13,500.00 
43,400.00 
48,000.00 
66,000.00 
20,000.00 

153,100.00 
37,520.00 
20,000.00 
20,000.00 
72,000.00 

221,S80.00 

39,420.00 

96,000.00 

450.00 

250.00 



872,195.00 



175,000.00 
22,800.00 
120,000.00 



317,800.00 



8?2,195.00 
317,800.00 



1,189,995.00 



RECAPITULATIOir OF FUVDED DEBT. 
A. FOR MILEAGE OWNED. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest 


Class of Debt. 


Amount 

Accrued 

During 

Year. 


Amount 

Paid 

During 

Year. 


Mortgage Bonds 


$24,002,000.00 
5,880,000.00 


$18,646,500.00 
5,880,000.00 


$872,195.00 
317,800.00 


$872,195.00 
317,800.00 


Miscellaneous obi ligations. — _ 




Total 


29,882,000.00 


24,526,500.00 


1,189,995.00 


1,189,995.00 





Digitized by 



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120 



N. C. CORPORATION COMMISSION. 



CUBBEVT ASSETS AHD LIABILITIBS. 



ASSETS. 

Cash . 

Bills receivable 

Due from agents 

Due from solvent companies and indlvidualfi 

Cash deposited to pay coupons and dividends 

Total— cash and current assets 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Dividends not called for 

Matured interest coupons unpaid 

Total— current liabilities 

Balance— caiih assets 

Total 



S250,09S.80 

28,000.00 

100,522.66 

3,875,878.50 

809.951.56 

4,658,951.61 

186,300.00 
28,618.96 

214,948.64 
1,689,456.89 

328,990.75 

827,886.00 
2,721,259.24 
1,932,692.87 
4,053,951.61 



RECAPirULATION. 
A. FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Capital stock 

Bonds 


$42,000,000.00 
24,526,500.00 


$42,000,000.00 
24,626,600.00 


1,720.18 
1,720.13 


W4,417 
14,258 






Total 


66,526,500.00 


66,526,500.00 


1,720 13 


88,675 



B. FOB MILEAGE OPERATED. 



Name of Road. 


Capital 
Stock. 


Funded 
Debt. 


Total. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Atlantic Coast Line R. 
R. Co 

Central of 8. C 


$42,000,000.00 
170.000.00 

100,000.00 


$24,526,500.00 
800,000.00 

104,600.00 


$66,526,500.00 
470,000.00 

204,600.00 


1,720.18 
41.96 

n.ii 


88.675 
11.201 


South Carolina Pacific 
Railway 


18,416 






Grand total 


42,270,000.00 


24,981.100.00 


67,201,100.00 


1,778.20 


86,206 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



121 



COST OF ROAD, EaUIPMEVT, AlTD PESMAKEVT IHPSOYBIIEVTS. 



Item. 



Construction— 

EnglneerlDg 

Right-of-way and station grounds. 

Real estate 

Grading — 



Property acquired from 8. N. and 
w. Railway Ck> 

Bridges, trestles, and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfiBu;ing 

Fencing right-of-way . — 

Crossings, cattle guards, and signs- 
Station buildings and fixtures 

Shops, roundhouses, and turntables 

Shop machinery and tools 

Water stations 

Fuel stations 

Grain elevators 

Docks and wharves 

Electric-light plants 

Mlsoellaneoas structures 

Legal expenses 

Interest and discount 

General expenses 

Total construction 

Equipment— 

Locomotives 

Passenger cars 

Baggage, express, and postal cars.. 

Combination cars 

Freight cars 



Other cars of all classes 

Total equipment 

Total construction 

Grand total cost construction, 
equipment, etc 



Expenditures 
During Year | 
Charged to Total Cost to 
Construction June 30, 1901. 
or Equip- 
ment. I 



$419.85 
10,054.24 



7,250,800.00 



936.47 



19,282.45 



7,290,493.01 



$880,200.80 

3,700,672.79 

1,211,276.05 

16,681,173.80 



Total Cost to 
June SO, 1902. 



6,773,764.27 

2,121,250.00 

8,749,485.72 

1,232,275.00 

361,000.00 

2,214,800.00 

802,400.00 

208.500.00 

55,000.00 

1,825,745.91 

1,718,800.77 

302.000.00 

254,000.00 

110,000.00 

66,000.00 

619,478.7:? 

99.000.00 

3,626,295.58 

220,000.00 

198,000.00 

815,056.71 



51,839,676.13 



$880,200.80 

3.710,092.64 

1,221,330.29 

16,681,178.80 

7,250,800.00 

6,773,764,27 

2,121,250.00 

8,749,435.72 

1,282,275.00 

351,000.00 

2,214,800.00 

802,400.00 

203,500.00 

55,000.00 

1,826,682.38 

1,718,800.77 

302,000.00 

254,000.00 

110.000.00 

66,000.00 

619,478.73 

99,000.00 

3,645,578.08 

220,000.00 

198,000.00 

815,056.71 



62, 130, 169. 14 



1,728,000.00 
440,000.00 
126,000.00 
132,000.00 

2,293,950.00 
139,200.00 



4,850,150.00 
51,830,676.13 



59,698,826.13 



1.728,000.00 
440,000.00 
126,000.00 
132,000.00 

2,293.950.00 
139,200.00 



4,859,150.00 
62,130,169.14 



66,989,319.14 

ytizo'd hy VJ 



Cost Per 
Mile. 



$36,119.46 



2,824.K7 
36,119.46 



122 



N. C. CORPORATION COMMISSION. 



IirCOME ACCOUVT. 



Gross earnings fW>m operation 


$8,519,526.14 




Less operating expenses 


4,788,987.80 








Income from operation 




$3,810,538.84 


DiYldends on stocks owned 


70.00 
20,720.00 




Interest on bonds owned 




Miscellaneous income— less expenses 


40,835.75 




Income firom other sources 




61,625.75 








Total income 


8, 872. 164. 6» 






Deductions fkom Incx)me— 




Interest on Ainded debt accrued 


1,189,996.00 




Interest on interest-bearing current liabilities accrued, not oth- 
erwise provided for , 


8,181.60 




Rents paid for lease of road 


37,276.00 




Taxes 


360,000.00 




Total deductions ftom income 





1,606,452.60 


Net income 


2,276,711.99 


Dividends, 1>^ and 2 per cent, common stock 


556,157.00 




Dividends, 6 per cent, preferred stock 


942,500.00 




Total 




1,498,637.00 
778,054.99 


Surplus ftrom operations of year ending June 90, 1902 




Surplus on June 80, 1901, [for entry on •♦ General Balance Sheet," 
1901 Report.] _ .. .. 




2,857,169.81 










8,185,224.80 


Deductions for year - 




4,296.05 








Surplus on June 80, 1902, [for entry on " General Balance Sheet "] . 


8,180,929.25 





BOVDS OWKED. 
RAILWAY BONDS. 



Name. 


Total 
Par Value. 


Rate. 


Income 
or Interest 
Received. 


ValuaUon. 


A. C. L. of South Carolina, deposited with Farm- 
ers Loan and Trust Co. , account Georgia R. R. 
lease, now the obligations of this company, as- 
sumed in consideration 


$500,000.00 


4 


i 
1 

$20,000.00 $600,000.00 




Total . 


500,000.00 





20 OOO 00 '^'^ '^'^ ^^^ 






* 



B. OTHER BONDS. 








Name. 


Total 
Par Value. 


Rate. 


Income 
or Interest 
Received. 


Valuation. 


S. C. State, deposited to secure Central of S. C. 
lease 


$16,000.00 


^A 


$720.00 


16,000.00 




Total 


16,000.00 


720.00 


16,000.00 




Grand total— A and B 


516,000.00 


20,720.00 


516,000.00 





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ATLANTIC COAST LINE RAILROAD COMPANY. 



123 



STOCKS OWVED. 
A. RAILWAY STOCKS. 



Name. 


Total Par 
Value. 


ValuaUon. 


Atlantic Coast Line Terminal Co., Augusta 

Carolina Railway Oo 

Cola, Newberry and Laurens R R 


$86,076.40 
11,832.00 
10,000.00 


$86,076.40 
11,882.00 
10,000.00 


Total 





57,906.40 


OT,906.40 






B. OTHER STOCKS. 


Name. 


Total 
Par Value. 


Income or 
Dividend 
Received. 


Valuation. 


Chesapeake S. S. Co 


$100,000.00 

18,880.00 

1,000.00 

89,779.84 

400.00 

7,000.00 




$100,000.00 


S. C. Interstate and West India Exposition 


18,330.00 


Richland Cotton Mills 


$70.00 


1,000.00 


Atlantic Land and Improvement Co 

Retreat for the Sick 

Atlantic Compress Co. ' . .. 


39,779.84 

400.00 

7,000.00 








TotAl .. 


161,S00.84 


70.00 


161,509.84 




Grand total— A and B 


219,417.74 


70.00 


219,417.74 


EABffUrOS VBOM OPIBATIOirS--SUta of North Caroliaa. 


Item. 


Actual 
Earnings. 


Pabsenger— 

Total passenger revenue 

Mail 






$856,157.64 






156,340.44 


Express 

Extra baggage and storage -- 






86,815.98 
9,674.47 






Total passenger earnings -_ - 


1,108,988.58 









Total ft*elght revenue 


3,107,648.82 


Total ft^lght earnings - . . 


8,107,648.32 








Total passenger and freight earnings 




4,216,536.85 









Other Eabninos from Operations— 

Switching charges— balance 

Telegraph companies 


17,244.07 
7, 199.78 


Rents from tracks, yards, and terminals 


43,827.21 


Other sources 





109.580.81 


Total other earnings 


177,851.87 








Total gross earnings firom operation— North ( 
Total gross earnings ftom operation— entire 1 


[Carolina 


4,394,388.72 


Ine 







8,549,526.14 










Digitized b) 


GooqU 



126 



N. C. CORPORATION COMMISSION. 



EHPL0TEE8 AVD SALABIEa— SUta of North Carolina. 



Class. 



General officers 

Other officers ^^ 

General office clerks 

Station agents 

Other station men 

Englnemen __ 

Firemen 

Conductors 

Other trainmen 

Machinists __ 

Carpenters 

Other shopmen 

Section Foremen 

Other trackmen _ 

Switchmen, flagmen, and watchmen 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (Including "General Officers") N.cJ 
1^88 "General Officers" I 

Total (excluding "General Officers") N.C 
Distribution of Above— | 

General administration t 

I 
Maintenance of way and structures I 

Maintenance of equipment | 

Conducting transportation ! 

Total (Including " General Officers ") N.C- 
Less "General Officers" , 

Total (excluding "General Officers") N. C— 

Total (Including "General Officers"— en- 
tire line 



Number. 


Total 
Number 
of Days 
Worked. 


Total 
Yearly 
Compensa- 
tion. 


Average 
Dally 

Compen- 
sation. 


8 


2,920 


$89,586.80 


$18.54 


12 


4,880 


81,141.80 


7.11 


187 


50,005 


90,609.06 


1.81 


142 


61,880 


69,519.20 


1.34 


416 


187,280 


144,144.00 


1.06 


96 


31,680 


183,056.00 


4.20 


94 


81,020 


42,806.60 


1.3S 


60 


19,800 


57,420.00 


2.90 


178 


58,740 


61,089 00 


1.01 


28 


8,786 


28,088.28 


2.m 


32 


9,964 


.21,128.68 


2.12 


374 


116,688 


147,026.88 


1.2H 


106 


38,690 


55,326.70 


1.43 


537 


167,544 


105,552.7:2 


,m 


85 


28,050 


38,709.00 


l.:iS 


50 


21,535 


40,055.10 


1.86 


290 


90,480 


66,966.20 


.74 


2,654 


809,392 


1,170,015.01 


1 34 


8 


2,920 


39,586,80 


18.54 


2,646 


866,472 


1,180,478.21 


1.30 


157 


57,306 


161,187.65 


2.81 


988 


296,714 


227,844.62 


..76 


484 


185,388 


194,188.84 


1.48 


1,130 


879.985 


586,798.90 


1.54 


2,654 


869,892 


1,170,016.01 


1.84 


8 


2,920 


89,586.80 


18.54 


2,646 


866.472 


1.180,478.21 


1.30 


6,239 


1,715,854 


2,277,289.44 


1.88 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



127 



TSAPFIC AVD MILEAGE STATISTICS- 8Ute of Vorth CaroUna. 



Item. 



PAS8EMQER TRAFFIC— 

Number of passengere carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried miles.. 

Total passenger revenue 

Average amount received firom each passenger— _. 

Average receipts per passenger per mile - 

Total passenger earnings ._ 

Passenger earnings per mile of road — _. 

Frbioht Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile — 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles^ 

Total freight revenue 

Average amount received for each ton of freight 

Average recelpu per ton per mile 

Total freight earnings 

Freight earnings per mile of road ___ 

Total Traffic— 

Gross earnings from operation _. 

Gross earnings from operation per mile of road 

Operating expenses _ 

Operating expenses per mile of road 

Income from operation.. 

Income fkx>m operation per mile of road 

Car Mileage, etc— 
Average mileage operated during year ___ _ 



Column for 
Numt>er 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



921,905 
39,960,081 
40,597 
43.34 



Dollars. 



$856,157 



2,178,630 |. 
225,7&4,974 1. 
229,363 |. 
103.62 1. 



1,108,988 
1,126 



CenU 



3,107,548 
1 



3,107,548 
3,147 

4,3&1,388 
4,451 

2,447,053 
2,486 

1,947,335 
1,978 



984.27 



TRAFFIC AHO MILEAGE STATISTICS^Entire Line 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road. 

Average distance carried miles.. 

Total passenger revenue 



1,699.542 
82,179,619 
46,513 
48.35 



Average amount received fW>m each passenger.. 
Average receipts per passenger per mile 



1,753,812 

1 
Di_qi]i_z_ed_by 



64 



02 



71 



Millt. 



32 i 
42 ' 
01 
32 I 
62' 

72 
05 
40 
16 

32 

I 
46 L 



67 



143 



6:« 



193 
134 - 



128 



N. C CORPOBATION COMMISSION. 



TRAFFIC ABD MILEAOB STATISTICS^Entire Liae—Contimied. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



:i. 147, 453 
4:M,eU6,»8U 
240,744 
i:J8. 11 



Passknger Traffic— Continued. 

Total passenger earnings 

Passenger earnings per mile of road _ 

Passenger earnings per train mile 

Freight Traffic— 
Number of tons carried of freight earning revenue, 

Number of tons carried one mile 

Number of tons carried one mile per mile of road .. 

Average distance haul of one ton __. miles.. 

Total Aneight revenue , 

Average amount received for eiujh ton of freight — 

Average receipts per ton per mUe _ 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile „ 

Total Traffic— 

Gross earnings from operation 

Gross earnings fW>m operation per mile of road 

Gross earnings fkx>in opt-ratlon per train mile 

Operating expenses 

Operating expenses per mile of rood 

Operating expenses per train mile. _. 

Income fipom operation _ 

Income from operation per mile of road 

Car Mileage, etc— 

Mileage of passenger cars _ _ 

Average number of passenger cars per train mile- 
Average number of passengers per train mile 

Mileage of loaded fk^lght cars— North or East 

Mileage of loaded (t^lght cars-South or West | 16,»I3.233 

Mileage of empty freightcars— North or East. ; 5,08I,57H 

Mileage of empty freight cars-South or Wesi | 14,8?2,B<M 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile... 
Average number of tons of ftrelght per loaded car- 
Average mileage operated during the year 



Columns for Revenue 
and Rates. 



Dollars. Cents MiUs, 

2,2:W,a98 14 

1,237 07 

92 97;i 



I 



5,978,109 21 I 

I 89 934 

01 :W5 

21 

80 

27 004 

I 



5,978,109 

a, 310 

2 



8,549,52b 14 
4,734 I 90 



i 



2,110 



:to I 



11,222,760 

4.07 
%\ 
25,751,175 



24. 16 
16 22 
7.94 
105.50 
10.20 
1,805.64 



370 



4,738,987 I 30 

2,624 , 55 

j 98 316 

3,810,638 I 84 \ _ 



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ATLANTIC COAST UNE RAILROAD COMPANY. 



129 



PBSIOHT TRAFFIC HOTXKSHT-dUte of Horth OaroUiui. 
COMPANY'S MATERIAL EXCLUDED. 



Commodity. 



Freight 

' Originating 

on this 

Road. 



Freight 

Received 

from 

Connecting 

Roads and 

Other 
Carriers. 



Total 
Freight Tonnage. 



Products of Aoriculturb— 

Grain 

Floor 

Other mlU products 

Hay 

Tobcusoo 

Cotton 



I 



Fruit and vegetables • 

Products of Animals— 

Live stock 

Other packing-house products 

Poultry, game and flsh — 

Hides and leather 

Products of Mines— 

Coal 

Stone, sand and other like articles.. 

Products of Forest- 

Lumber 

Wood 

Logs 



M ANUFACTURES— 

Petroleum and other oils.. 

Sugar 

Naval stores 



Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery — 

Bar and sheet metal — 

Cement, brick and lime 

Agricultural Implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture . 



\lVhoU T&ns, 
18.826 

9,270 
10,156 

3.1»7 
19,407 
83,288 
46,473 

1,979 

4,011 

4,768 

500 

3,685 
5,487 

857,876 
05,901 



Whole ToTis} Whole Tons. Percent. 



16,550 

1,488 

18,872 

31 

2,106 

2,448 

4,684 

24,104 

120 

2,137 

612 

5,932 



55,258 \ 
80.885 I 



15,027 I 

10,252 I 

44,178 1 

t 

107,660 

4,685 I 

23,396 I 



1,685 
1,128 



5,868 

140,268 
2,403 
39,199 

15,708 

4,978 

6,827 

707 

4,850 

17,096 

27,414 

25,495 

800 

7,102 

6,081 

4,226 



74,079 
40,155 
38,778 
18,224 
29,650 
77,406 
1&4,183 

6,661 

27,407 

6,404 

1,623 

87,168 
11,805 

496,144 
08,304 



32,258 

6,466 

24,199 

788 

6,458 

19, M4 

82,098 

49,509 

929 

9,239 

6,608 

10.158 



8.40 
1.84 
1.78 
0.84 
1.86 
3.55 
7.07 

0.81 
1.26 
0.29 
0.07 

4.00 
0.52 

22.86 
4.51 
16.81 

1.48 
0.80 
1.11 
0.08 
0.80 
0.90 
1.47 
2.28 
0.04 
0.42 
0.81 
0.47 



Digitized by 



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130 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAPFIC MOYEHENT—Coiitiiiiied. 



Commodity. 



I Freight 
j Originating 
I on tills 
I Road. 

I 



Freight 

Received 

from 

Connecting 

Roads and 

Oiher 
Carriers. 



Total 
Freight Tonnage. 



Merchandise— 

Merchandise - 

M18CELI.ANEOU8— 

Other commodities not mentioned above.. 
Total tonnage— North Carolina-.. 
Total tonnage— en tire line 













Whole Tons. ■ 


Wfiole Tons. 


Whole Tons. ' 


Per 


Cent. 


10,386 1 


• 39,410 


49,746 j 




2.20 


180,588 i 


214,331 


394,910 




18.13 


1,211,624 ; 


967,006 


2,178,680 




100.00 



2,417,184 : 



780,269 



3,147,458 



MILEAGE. 
A. MILEAGE OF ROAD OPERATED (All Tracks.) 



Line in Use. 


Line Represented by 
Capital Stock. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 

Contract, 

Etc. 


Total 

Mileage 

Operated. 


Main 
Line. 


Branches 
and Spurs. 


Miles of single track _ _ 

Miles of yard track and sidings 


549.03 
187.25 


481.60 


L25 


2.39 


948.27 
187.25 












Total miles operated (all tracks* 


686.28 


481.60 


1.25 


2.89 


1,121.52 



B. MILEAGE OF LINE OPERATED BY STATES (Single Track.) 



Line represented by capital stock— Main line — 

Branches and spurs . 

Line operated underlease 

Line operated under trackage rights _ 

Total mileage operated 



549.08 

43LeO 

1.25 

2.80 



984.27 



C. MILEAGE OF LINE OWNED BY STATES (Single Track.) 




Line represented by capital stock— Main line 


549.08 


Branches and spurs 


481.60 






Total mileasre owned . . — - . . 


080.68 







Digitized by 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



131 



TAX ASSESSHEITTS OP ALL KIVD8. 



StAte ^Vlnrlnla 









S40.055.70 


North Carolina _ __ _ 


185,710.87 


South Carolina - - - 


115,631.80 




102.18 


Internal revenue — U. S. Government - - 


9,600.00 










Total _ 


860,000.00 






DBCSRIPTIOlf OP EaUIPMBHT. 


Item. 


No. 
Added 
Dur- 
ing 
Year. 


Total 

No. 

at End 

of 
Year. 

177 
24 


Equipment Fitted Equip- 
With Train Brake. 1 ment Flt- 
1 ted With 
1 Auto- 
1 matic 
No. 1 Name. Coupler— 
1 Number 


Locomotives— 

Passenger | 

Freight — j 

BwitchinfiT . - 


4 

1 


177 


1 

WestinghouseJ 177 

1 
Westinghouse. 24 




, "* 


Total locomotives In Rervlce _ .— 


1 


201 ! 201 


-' 'iOl 








€ak8 in Passenger Service— 

First-class cars 


5 
2 

1 


1 
85 1 85 


85 


Second-class cars 


18 18 18 


Combination cars 


88 1 83 

46 46 




38 
46 


Baggage, express and postal cars 




Total 


10 


182 1 182 


182 


In Freight Service- 
Box cars — - 


192 

149 

2 

80 


4,449 |4,131 

1,452 1 985 

1 
56 1 AK 




4,449 
1,452 


Flat cars 





Stock cars 




56 


Ix>g cars 


560 














Total _ - 


869 


6,517 5,154 


5.957 






In Company's Service— 

Qravelcars 




6 
129 

34 
242 

10 


6 

24 
20 
43 

8 


6 
129 
34 

•M2 


Derrick cars — 


20 

1 
8 

1 




Caboose cars 




r 






Other road cars — — — ■< 




' 


( 




10 






Total 


12 


421 


96 


421 






Total cars in service 


867 


7,120 15,432 


6,560 
6,560 






Total cars owned 


- 1 7,120 !5, 432 






Cars contributed to Cast frelsrht _. .__ 




2 587 2 .W? 


2,587 








1 ' 





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132 



N. C. CORPORATION COMMISSION. 



C4R MILBAAE. 

PAID OR ALLOWED FOR ROLLING STOCK NOT THE PROPERTY OF RAILROADS 
NOR CONSIGNED FOR USE BY LEASE. 



Name of Owner. 



American Cotton Oil Co 

Armour Palace Horse Oar Co 

Anglo-American Refrigerator Co 

Armoar Oar Lines «. 

American ReMgerator Transportation Co.. 

American Fast Freight Line 

AtlanUc Cotton Oil Co 

Alderman A Sons, D. W 

Atlas Engine Works 

Atlantic Seaboard Refrigerator Line 

Arbuckle's Ariosa Dispatch 

Acme Brewing Co 

Burton Stock Car Co 

Brill. J. G^ 

Booth Refrigerator Line 

Canada Cattle Car Co 

California Fruit Express 

Commerce Dispatch Line 

Cudahy Refrigerator Line 

Cudahy Milwaukee Refrigerator Line 

Consolidated Cattle Car Co 

Chatham Coal and Iron Co 

Charlotte Oil and Fertilizer Co 

Cold Blast Transportation Co 

Dairy Shippers Dispatch 

Dold Packing Co 

Ejcpress Coal Line 

Empire Line 

Express Freight Line 



Compensation. 
Rate. Amount. 



Florida Naval Stores and Com. Co 

Gate City Oil Co 

German-American Refrigerator Line 

Hammon Refrigerator Line — 

Iroquois Iron Works 

Kansas City Refrigerator Car Line 

Kingan Refrigerator Car Line 



6-10 
S-4 
3-4-^10 
8-4 I 
6-10 
3-4 
6-10 
6-10 
8-4 
6-10 
8-4 
6-10 
6-10 
8-4 
6-10 
3-4 
6-1 
8-4 
3-4 
6-10 
6.10 
8-4 
6-10 
8-4 
8-4 
610 
6-10 
6-10 
8-4 
8-4 
3-4 
3-4 
6-10 
34 
8-4 



$1,968.64 

26.67 

568.60 

12,686.14 

108.98 

1.08 

848.48 

2.08 

17.71 

6.81 

18. 4e 

7.52 

9.15 

18.68 

22.06 

12.72 

1,877.99 

21.00 

27.45 

8.26 

1.66 

7.57 

7.66 

7.88 

148.00 

16.57 

28.68 

4?2.05 

11.50 

57.90 

18.22 

4.75 

176.01 

4.14 

5.92 

261.48 



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ATLANTIC COAST LINE RAILROAD COMPANY. 



133 



CAB MILEAOB— CoBtinmed. 



Name of Owner. 



Keystone Palace Hone Car Co 

Keystone Live Stock Express 

Kentucky Refrigerator Co 

Llpton Refrigerator Car Line 

Louisville Packing Co J 

Lima Locomotive and Machine Works Co 

Matthew Horse and Stock Car Co 

Merchants Dispatch Transportation Co 

Morris A Co. Refrigerator Line .* 

National Dispatch Line 

New England Car Co 

North and South Rolling Stock Car Co 

Provision Dealer's Dispatch „ 

Portner Brewing Co ..^ 

Produce Shippers Dispatch 

Palmer ManuCEtcturliig Co — 

Rock Hill Buggy Co 

Rogers, Brown & Co 

Roper Lumber Co 

Swift RefHgerator Line — — 

Southern Iron Car Lines 

Southern Dispatch Lumber Line 

Southern Freight Line 

Southern EUistern Line - 

Streets Western Stable Car Line — 

Southern Cotton Oil Co 

Southern Paving and Con. Co 

Santa Fe Refrigerator Line _ 

St. Louis Refrigerator Car Line 

ShotterCo. S. P 

Union Refrigerator Transit Co 

Union Tank Line „. — - 1- 

Venice Transportation Co z 

White Oak Transportation Co 

Total 



Compensation. 



Rate. 



6-10 

6-10 

8-4 

8-4 

8-4 

6-10 

6-10 

8-4—6-10 
8-4 

8-4—6-10 
6-10 
6-10 
3-4 
8-4 
84 
6-10 
6-10 
6-10 
6-10 

8-4—6-10 
6-10 

8-1-6-10 
6-10 
6-10 
6-10 
3-4 
6-10 
8-4 
8-4 
8-4 
8-4 

8-4—6-10 
6-10 
6-10 I 



Amount. 



92.15 

. 5.83 

20.50 

649.98 

10.25 

.78 

11.94 

409-41 

6.76 

6.14 

2.75 

126.41 

70.64 

414.88 

19.42 

.61 

16.71 

8.82 

2.86 

2,582.51 

918.29 

142.54 

59.89 

470.25 

15.67 

700.64 

.86 

1.51 

10.62 

11.85 

188.88 

1,614.28 

66.62 

19.82 



27,48L6r 



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134 



N. C. CORPORATION COMMISSION. 



Seaboard Air Line Railway. 



OFFICERS. 



Title. 



President 

First Vice-President 

Third Vioe-President ... 
Fourth Vice-President . 

Treasurer 

Secretary 

General Counsel 

Oomptroller 



General Manager 

Chief Engineer 

General Superintendent 

First Division Superintendent 

Second Division Superintendent... 

Third Division Superintendent 

Fourth Division Superintendent... 

Fifth Division Superintendent 

Superintendent of Telegraph 

Traffic Manager 

Assistant General Freight Agent... 
General Freight Agent — 



Assistant GtenSral Freight Agents. 



General Passenger Agent _ 

Assistant General Passenger Agents 



General Ticket Agent .. 
Land Commissioner 



Name. 



I 



John Skelton Williams ... 

James M. Barr 

J. Wm. Middendorf 

V. E. McBee 

John H. Sharp. 

D. C. Porteaus 

Leigh R. Watte 

T. W. Roby 

James M. Ban* 

Wm. W. Gwathney 

N. D. Maher 

Charles H. Hlx 

D. H. Barger 

E. Berkley 

Walter Hale 

D. E.Maxwell 

W. F. Williams 

W. H. Pleasante 

E. D.Kyle 

Charles R. Capps 

A. Pope 

R. O.Cheatham 

L. E. Chaenot 

C. B.Ryall 

W.E.Christian 

A. O. McDonell 

C. B. Walworth 

I.Breveton 



Location of Office. 

Richmond, Va. 
Portemouth, Va. 
Baltlmore»Md. 
Portemouth, Va. 
Portemouth, Va. 
New York, N. Y. 
Portemouth, Va. 
Portemouth, Va. 
Portemouth , Va. 
Portemouth, Va. 
Portemouth, Va. 
Richmond, Va. 
Raleigh, N.C. 
Atlanta, Ga. 
Savannah, Ga. 
Jacksonville, Fla. 
Portemouth, Va. 
Portemouth, Va. 
Jacksonville, Fla. 
Portemouth, Va. 
Portemouth, Va. 
Atlanta, 0&, 
Savannah, Ga. 
Portemouth, Va . 
Atlanta, Ga. 
Jacksonville, Fla. 
Savannah, Ga. 
Jacksonvlllle, Fla. 



DIBECTORS. 

John Skelton Williams, Richmond, Va. ; James H. Dooley, Richmond, Va. ; James M. Barr, 
Portemouth, Va. ; J. Wm. Middendorf, Baltimore, Md. ; S. Daves Warfleld, Baltimore, Md. ; Rob't 
C. Davidson, Baltimore, Md.; W.A.Marbury, Baltimore, Md.; C. Sidney Shepard, New Haven, 
Oswego County, New York ; F. R. Pemberton, New York City ; Geo. W. Watte, Durham, N. C. ; E. 
B. Addison, Richmond, Va. Time expires 2d Thursday in November, 1902, or until succeeded. 



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SEABOARD AIR LINE RAILWAY COMPANY. 



135 



CAPITAL STOCK. 



Desciiption. 



Number of 

Shares 
Authorized. 



Capital stock— common _ ' 375,000 

preferred I 250,000 

Total I 625,000 



Total 
Total Par Amount 
Value I Issued and 
Authorized. Outstand- 
ing. 



Par 
Value of 
Shares. 



$100.00 
100.00 



$87,500,000 837,000,000 
25,000,000 , 25,000,000 



100.00 ( 02,500,000 ] 62,500,000 



Manner of Payment for Capital Stock. 



Issued for construction— common 

Issued for acquiring securities of proprietary companies— preferred 

common 
Total 



Total 

Number 

Shares Issued 

and 
Outstanding. 



2,000 
2o0,000 
373,000 



625,000 



PROPERTY OPERATED— Stote of Horth Carolina. 



Name. 



1 A.— Seaboard Air Line Ry. 



1 B— Branch 

3— Wilmington Ry Bridge Co. 
Total- - 



Terminals. 



From— 



To- 



Virginia State Line- 
Virginia State Line- 
Virginia State Line. 

Weldon 

Raleigh 

Wilmington 

Monroe 

Hamlet — 

Henderson 

Franklinton 

Moncure 

Ellenboro 

Mill Junction 

Hamlet 



Roanoke Junction- 
Hilton 



Miles of 

Line for 

Each 

Road 

Named. 



Weldon.-. 
Lewiston . 

Norlina 

Raleigh— 
Hamlet ... 



Roanoke Rapids . 
Navassa (lease).. 



Rutherfordton 

S. C. State Line 

8. C. State Line —_. 

Durham 

Louisburg 

Pittsboro 

Caroleen. 

Henrietta MIllB.... 
Gibson 



18.40 
32.80 

7.50 
96.20 
96.60 
264.63 
14.30 

7.00 
41.40 
10.00 
a. 20 

4.70 

L70 
10.13 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



616.06 
2.54 
2.40 



621.00 



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136 



N. C. CORPORATION COMMISSION. 



PROPSBTT OPBBITED. 

NAME OF EVERY RAILROAD THE OPERATIONS OF WHICH ARE INCLUDED IN 

THE INCOME ACCOUNT. 

1. Railroad line represented by capital stock : 8. Line operated under lease for specified sum. 

A. Main line. 4. Line operated under contract, or where the 

B. Branches and spurs. rent is contingent upon earnings or other 

2. Proprietary companies whose entire capital considerations. 

stock is owned by this company. 5. Line operated under trackage rights. 



Name. 



1. A— Seaboard Air Line Ry.. 



Terminals. 



From— 



Hermitage 

Portsmouth 

Weldon 

Raleigh- 

Wilmington 

Monroe 

^3elt Junction 

Hamlet 

Cheraw 

Camden 

Savannah 

Lyons 

Savannah 

Jacksonville 

Fernandlna 

Waldo 

Henderson 

Boykins 

FranklintoD 

Moncure 

EllentK>ro 

Mill Junction 

La wrenceville 

Hamlet 

Columbus 

Abbeville 

Savannah River 

Drifton 

Tallahassee 

Fernandlna 

Archer — 



To- 



Mlles of 
Line 

fbrEsLch 
Road 

Named. 



Norllna 

Weldon 

Raleigh 

Hamlet 

Rutherfordton 

Belt Junction 

Howell 

Cheraw 

Camden 

Savannah _._ 

Meldrin , 

Montgomery 

Jacksonville 

River Junction 

Cedar Key 

Tampa 

Durham 

Lewlston 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills 

Logansvllle 

Gibson 

Albany 

Ocello 

Hutchinson Island. 

Monticello 

St, Marks 

Amelia Beach... 
Early Bird 



102.10 

78.60 

96.20 

96.60 

264.68 

261.10 

8.10 

18.28 

54.94 

171.21 

16.99 

262.99 

138.96 

209.06 

155.70 

155.44 

41.40 

85.00 

10.00 

11.20 

4.70 

1.70 

10.83 

10. 18 

88.00 

80.80 

2.06 

4.88 

20.85 

2.25 

28.75 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



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SEABOARD AIR UNE RAILWAY COMPANY. 



137 



PROPERTY OPERATED— CoBtinnad. 





Terminals. ' 


Miles of 
Line 

for Each 
Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To— 


Each 
Class of 

Roads 
Named. 




Wlldwood - 


Lake Charm 

Silver Springs 

SumptervUIe 

Lake Welr . 


70.16 
1.90 
2.07 
7.65 

46.44 






Silver Spring Jet 

SumptervUIe 

Summerfleld 

StArkP 






Wllllford 






Marvillla 


2,5a0.19 


1. B-Seaboard Air Line Ry... 


Turkey Creek 

Roanoke J unction. . 

Archer Branch 

WUlardSpur 

Early Bird 


5.10 
2.54 
2.88 
2.00 
.60 
.50 
1.71 
5.00 


Roanoke Rapids 

Mine.. 






Mine 






Spur 






Ij&ke Griffin 


Spur 

Sour 






Camp - ' 






Belt Junction 

Ijyons. 


Inman Park 

Meldrln _. 


20 87 


3.— Central of Georgia 

4. — Wilmington Railway and 


57.66 
2.40 


57.65 


Hilton 


Navas^a . . 


2.40 


Bridge Co. 
.',.— Western and Atlantic Ry- 






i 
Howells .J Atlanta 

1 


3.00 


3.00 


Total mileage operated.. 





2,603.61 







NoTK.— Above mileage does not include the newly constructed (10) ten miles between Ala- 
chua and Wannee, built but not operated. 



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138 



N. C. CORPORATION COMMISSION. 



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SEABOARD AIR LINE RAILWAY COMPANY. 



139 



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Digitized by 



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140 



N. C. CORPORATION COMMISSION. 



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H 

Q 

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o 
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^£ 






;!:888§S8^S88S 

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SEABOARD AIR LINE RAILWAY COMPANY. 



141 



UCAPITULATIOV OF FUVBEO BSBT. 





Amount 
Issued. 


Amount 
Outstanding. 


Interest. 


Class of Debt. 


Amount Ac- 
crued During 
Year. 


Amount 

Paid During 

Year. 


Mortgage bonds 

Equipment trust obligaiJons 


188,729,000.00 
10,000,000.00 
4,524,402.12 


$42,496,000.00 
10,000,000.00 
2,510,818.88 


$1,961,400.00 
500,000.00 
118,295.11 


$1,961,400.00 
500,000.00 
119,286.88 


Total — 


78,258.402.12 


55,014,818.88 


2,509,096.11 


2,600,686.88 







CUBBEVT A88ET8 AVD LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due firom agents.. 

Due flrom solvent companies and Individuals 

Other cash assets 

Total— cash and current assets 

Balance— current liabilities 

Total :. 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traflSc balances due to other companies 

Matured interest coupons unpaid 

Miscellaneous 

Total-current liabilities 

Total 



Amount. 



$997,487.61 

83,845.57 

2f79,217.95 

542,771.79 

280,898.83 



2,192,216.75 
888,967.95 



2,581,184.70 



53,900.00 
982,817.02 
448,249.68 

85,380.80 
688,441.00 
377,896.70 



2,581,184.70 



2,581,184.70 



Materials and supplies on hand, $599,920.6 



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14-2 



N. C. CORPORATION COMMISSION. 



Account. 



RECAPITULATIOV. 

A. FOR MILEAGE OWNED. 



Capital stock _ 

Bonds 

Equipment trust obligations ... 
Total 



Total 

Amount 

Outstanding. 



$82,500,000.00 
62,495,000.00 
2,510,818.88 



Apportion- 
ment to 
Railroads. 



Amount Per Mile of Line. 



982,500,000.00 

52,495,000.00 

2,519,818.88 



117,514,818.88 117,514,818.88 



Mllee. 



2,550.56 
2,550.56 
2,550.56 



2,550.56 



Amount. 

124,504.42 

20,581.75 

987. »i 



46,074.12 



B. FOR MILEAGE OPERATED (Trackage Rights Excluded), THE OPERATIONS OF 
WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Rood. 


Capital 
Stock. 


Funded 
DebL 


Total. 


Amount Per Mile 
of Line. 




Miles. 1 Amount. 


Seaboard Air Line Railway . 


W2, 500, 000. 00 


$55,014,813.38 


$117,514,818.38 


2,508.21 1 $45,229. !• 


Grand total. 


62,500,000.00 1 55,014,818.88 1117,514,813.88 1 2,508.21 45,229.1« 







COST OF ROAD, EaUIPIfEVT AKD PERKANEHT IlfPR07EMRVT8. 



Item. 



Construction— 

Engineering 

Right-of-way and station grounds 

Real estate 

Grading — 

Bridges, trestles and culverts 

Ties.-.- _ 

Rails- 

Track fastenings -_ 

Frogs and switches 

Ballast 

Track laying and surfacing 



Expenditures 

During 

Year, Not 

Included in 
Operating 
Expenses, 
Charged to 

Construction 
or Equip- 
ment. 



$2,760.92 

110,261.00 

34L50 

81,456.83 

54,838.09 

14,891.01 

88,472.70 

10.204.83 

7,860.68 

77,989.68 

19,904.95 



Total 
Cost to 
[16 30,1901. 


Total 

Cost to 

June 80, 1902. 


$1,945.78 


$4,706.66 


22,006.92 


182,268.88 


80,886.76 


80,728.25 


217,157.49 


248,618.82 


89,367.08 


94,205.12 


82,048.96 


46,989.97 


110,215.64 


196,688.84 


21,211.21 


81,415.54 


21,865.60 


28,716.22 


804.72 


78,294.85 


62,161.88 


82,066.88 



Cost 
Per Mile. 



$1.86 
51.81 
8L65 
97.47 
86.94 
18.4$ 
76.94 
12.82 
U.2I 
80.70 
82.17 



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SEABOARD AIR LINE RAILWAY COMPANY. 



143 



COST OP ROAD, saniPKEHT AND PERMAHEHT IMPSOVEMEVTS— Continued. 



Item. 



Expendilures 

Durinar 

Year, Not 

Included in 

Operating 

Construction 
or Equip- 
ment. 



Construction— (Con ) 

Fencing right-of-way 

Crossings, cattle guards and signs.... 

Interlocking or signal apparatus 

Telegraph lines _ — 

Station buildings and fixtures 

Shops, round-bouses and turn-tables. 

Shop machinery and tools 

Water stations. 

Fuel stations 

Storage warehouses..- 

Docks and wharves 

Acquired by control of stock 

Miscellaneous structures 

Legal expenses- 

Purchase of constructed road_ 

General expenses 

Total construction 

Equipment— 

Liocomotlves 

Passenger cars 

Baggage, express and postal cars.. 

Freight cars 

Other cars of all classes 

Acquired by control of stock 

Total equipment 

Total construction 



Total 
Cost to 



Grand total cost construction, 
equipment, etc 



Total cost construction, equip- 
ment, etc— North Carolina 



^61.02 

527.77 

21.45 

851.47 

l.'J7,755.79 

7,522.00 

26,087.38 

8,483.30 

4,191.50 



50,64o.a5 

196,071.42 

400.00 

187.53 



1.881.12 



466,416.71 



282, .583. 90 
95,795.49 



706,487.08 
44,446.36 



1,129,262.87 
466,416.71 



1,695,679.58 



380,560.58 



9620.^44 

18,407.71 

801.28 

274.38 

172,441.52 

45,027.98 

3,173.52 

26,595.51 

5,242.06 

10,005.87 

26,948.58 

31,285,602.29 

• 50,296.60 

3,088.38 

8,538.13 

71.25 



32,274,291.46 



Total 

Co4t to 

June 30, 1902. 



#1,081.46 

18,965.48 

822.68 

1,125.85 

310,197.31 

62,549.98 

29,260.90 

35,078.81 

9,438.56 

10,005.87 

86,594.43 

81,090,530.87 

59,695.59 

3,275.91 

8.583.13 

1,952.87 



Cost 
Per Mile. 



32,740.708.1 



758,550.00 

95,755.80 

51,363.73 

1,601,824.14 

7,733.00 



1,041,083.99 
191,551.29 

51,363.73 
2,298,811.17 

52,179.36 



2,285,919.22 , 2,285,919.22 



4,791,145.89 
32,274,291.46 



5,920,408.76 
32,740,708.17 



$0.42 

7.42 

.82 

.44 

121.62 

20.60 

11.47 

13.76 

3.70 

8.92 

33.95 

12,189.69 

23.41 

1.28 

3.35 



12,836.67 



408.18 
75.10 
20.14 

901.10 
20.46 

896.24 



2,321.22 
12,886.67 



37,065,487.85 88,661,116.98 15,167.89 



8,840,106.80 



9,220,676.88 14,905.71 



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U4: 



N. C. CORPORATION COMMISSION. 



UrCOMS ACCOUHT. 



Gross earnings from operation — 

Less operating expenses _ 

Income from oneratlon . 











$10,922,405.37 
7,183,816.80 


S3,7:W,«78.57 


Dividends on stocks owned — 


50,065.00 
9,787.70 














Income fW>m other Aourp-AM . 




50,852.70 














Total Income 


3,708,531.27 


DEOUCTION8 PROX INCOME— 

Interest on funded debt accrued 


2.500,605.11 

48,025.00 

381,402.05 

2,676.33 




Rents paid for lease of road _ 

Taxes 




Other deductions 














Total deductions from Income. 




3,032,600.39 














Net Income -. 


765,831.88 




g June 80, 
il Balance 


1002._.. 








Surplus fix)m operations of year endin 
Surplus on June 80, 1001 [from "Genen 


765,881.88 


Sheet,' 


1901 Hep.]. 




252,676.47 








Deductions for year ... , 


1,018,508.85 
121,45fi2.94 




'General Balance 


3 Sheet] 






Surplus on June 30, 1002 [for entry on • 


897,065.81 









B0VD8 OWVSD. 
A. RAILWAY BONDS. 



Name. 



Seaboard and Boanoke— registered 6 per cent_ 

Roanoke and Tar River— first mortgage __ 

Durham and Northern— first mortgage 

South Bound— first mortgage 

Chesterfield and Kershaw— first mortgage 

Georgia and Alabama^first mortgage 

S. A. L. Railway Belt— first mortgage 

Total 



Total 
Par Value. 



9405,000.00 
205,000.00 
50,000.00 
?25,000.00 
500,000.00 
780,000.00 
600,000.00 



3,265,000.00 



Valuation. 

»1(»,000.00 
205,000.00 
50,000.00 
725,000.00 
500,000.00 
814.000.00 
510,625.00 



3,209,626.00 





B. 


OTHER BONDS. 






National Compress Co 

Pernandlna Terminal 






S750.00 
50,000.00 


'$800.00 






^,000 00 










Total. __ — 


50,760.00 


50,800.00 








Grand total— A and B 


3,315,750.00 


3,280,425.00 





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SEABOARD AIR LINE RAILWAY COMPANY. 



U5 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 

Seaboard Air Line Railway— common 

Seaboard Air Line Railway— preferred 

S.and R. R. R— guaranteed 

S.and R. R. R— Md. preferred 

S.and R. R. R— common 

R.and O.R.R— common 

R.and A. A-L.R. R— common. 

Carolina Central— preferred 

Carolina Central — common 

GJBL, Carolina and Northern— preferred! 

Ga., Carolina and Northern— common 

S. A. L. Belt R. R - 

Durham and Northern 

Palmetto R.R _ 

Chesterfleld and Kershaw 

Logansvllle and Laurenceville 

Richmond and Washington Line 

Roanoke and Tar River — — — 

F., C. and P— preferred — 

F., C.and P — common 

G.and A. Railway— preferred 

G.and A. Railway— common -. 

Louiflburg R. R - ■ 

Atlantic, Swau nee River and G - 

South Bound 

Colombia, Newberry and Laurens _. 

Carolina Southern Railway 

Southeasterly _ -. 

Wilmington Railway Bridge Co 

Total 



Total Par 
Value. 



18,500,000.00 

5,000,000.00 

118,600.00 

34,600.00 

1,142,500.00 

1,499,000.00 

871,400.00 

485,311.79 

1,485,000.00 

500,000.00 

1,110,700.00 

50,000.00 

290,100.00 

200,000.00 

1,000,000.00 

'20.000.00 

445,000.00 

51,600.00 

4,319,300.00 

19,668,400.00 

2,650,000.00 

3,867,500.00 

48,400.00 

380,000.00 

2,063,000.00 

83,350.00 

6,000.00 

6,200.00 

100.00 



Income 

or Dividend 

Received. 



56,460,961.79 



$18,350.00 



Valuation. 



$8,500,000.00 
5.600.000.00 



68,068,736.28 



258,283.78 

'224,605.79 

1,000.00 

6,000.00 

6,200.00 

l.CO 



13,850.00 I 77,654,820.8.) 



-10 



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n« 



N. C. CORPORATION COMMISSION. 



STOCKS OWHEB— Continnad. 
B. OTHER STOCKS. 



Name. 



Baltimore Steam Packet Co 

Geoi^a and Florida Navigation Co . 

Independent Navigation Co 

Georgia Construction Co 

Old Dominion S.S. Co 

Special pabllshing stoclc _. 

Atlanta compress stock 

Florida publishing stock 

Jacksonville terminal stock 

Savannah Passenger Station 

TotalJ -. 

Grand total— A and B.^ 



Total Par 
Value. 



$400,000.00 



Income 

or Dividend 

Received. 



I 



8,000.00 

25,000.00 
210,000.00 , 
68,300.00 
12,500.00 I 
1,000.00 
50,000.00 
100,000.00 I 



923,895.00 ' 



12,000.00 
220.00 



874,800.00 I 86,715.00 



57,336,761.79 



50,065.00 



Valuation. 

1583,779.63 

8,076.44 

28,768.33 
248,750.00 
66,990.82 
12,500.00 
800.00 
25,000.00 
48,267.68 



1,022,962.85 



78,ffn,75e.70 



EAEVIV08 FROM OPSaATION^-Stato of North Carolinft. 



Item. 



TotAl 
Receipts. 



Passenger— 

Passenger revenue 

Total passenger revenue _. 

Mail 

Express 

Total passenger earnings 

Fbeight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Otubb Earnings from Operations— 

Hire of equipment— balance — 

Other sources I 

Total other earnings j 

Total gross earnings from operation— N. C ' 

I 

Total gross earnings from operation— entire ; 

line — 



$498,769.63 



2,007,787.24 



Deductions, 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



$498,760.63 
72 281.00 
54,707.08 



625,807.71 



$88,361.29 
11,286,50 



44,647.79 



482.76 
94,954.32 



1,968,069.45 



1.968,089.45 



2,568,897.16 



96.437.06 



2,684,834.24 
10,922,496.37 



Digitized by 



Google 



SEABOARD AIR UNE RAILWAY COMPANY. 



147 



OPEBATINa EXPEH8E8. 



Item. 



Maintenance of Way and Strcctcrks— 

Repairs of roadway 

Renewal of rails 

Renewal of ties — . 

Repairs and renewals of bridges and calverts 

Repairs and renewals of fences, road crossings, signs, and cattle guards. 

Repairs and renewals of baildlngs and flztares. 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing — 

Other expenses _ 

Total - 



Maintenance of BauiPMENT— 

Buperintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars — _ 

Repairs and renewals of marine eqaipment 

Repairs and renewals of shop machinery and tools. 

Stationery and printing 

Other expenses . 

Total 

Conducting Transportation— 

Superintendence 

Engine and roundhouse men _ 

Fuel for locomotives 

Water supply for locomotives , 

Oil, tallow, and waste for locomotives 

Other supplies for locomotives ___ 

Train service 

Train supplies and expenses _ 

Switchmen, flagmen, and watchmen 

Telegraph expenses 

Station service 

Station supplies... _ 

Switching charges— balance _ 

Car mileage— balance 

Loss and damage.. 



Amount. 



1727,635.24 

20,846.24 

281,887.32 

185,489.86 

6,868.67 

85,457.00 

12,842.99 

4,602.84 

3,488.68 

3.870. 16 



1,282,328.94 



51.862 94 

389,606.87 

204,282 16 

323,840.73 

15,569.15 

8,028.96 

35, 921. 3:? 

4,424.08 

51,050.97 



1.089,686.19 

185,209.02 

611,509.32 

1.078,018.95 

43,611.35 

29,530.48 

12,751.15 

349,145.89 

113,136.43 

169,815.12 

158,330.91 

622.674.29 

42,772.:{2 

6,202.41 

183,625.56 

201.204.85 



Digitized by 



Google 



148 



N. C. CORPORATION COMMISSION. 



OPERATIHG EXPEH8E8— Contiiiiied. 



Item. 



Conducting Transportation— Continued. 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Commissions 



Stoclcyards and elevators 

Rents for tracks, yards, and terminals 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general ofBcers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment - 

Conducting transportation 

(General expenses 

Total 

Percentage of expenses to earnings— N. C — . 



Amount. 



$1(^,193.06 
27,908.14 
40,570.70 
50,162.82 
195,795.19 

4,519.02 
46,000.95 
51,561.72 
22,035.82 
67,927.67 

4,486.82 



4,809,130.56 



110,266.14 
146,863.5:) 
11,056.10 
61,820.95 
78,992.06 
18,880.01 
19,442.81 



442,671.12 



1,282,828.94 

1,009,686.19 

4,309,180.56 

442,671.12 



7,188,816.80 



65.78 



311,465,65 
266,294.57 

1,041,200.24 
105,506.82 

1,724,659.^ 



61.25 



Digitized by 



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SEABOARD AIR LINE RAILWAY COMPANY. 



149 



COMPABATIVE GBVEBAL BALAVCE SHEET. 



June SO, 1901. 



Total. 



$82,274,291.46 

4,791,145.89 

78,091,060.67 

8.260,425.00 

161,858.15 

3,400,000.00 

106,500.00 
4,869,392.14 



616,605.48 

54,004.65 

127,627,367.44 



62.500,000.00 

54,948,912.70 

3,621,364.76 

347,372.18 
51,140.94 

503,150.63 
1,888,240.76 

3,400,000.00 
108,500.00 
252,676.47 



Cost of road 

Cost of equipment 

Stocks owned 

Bonds owned 

Other permanent improvements — 

Deposited with Continental Trust 
Co. to take up collateral trust 6 per 
cent loan 



June 80, 1902. 



Wilmington Railway Bridge lease- 
hold interest 



127,627,367.44 



Cash and current assets 

OTHER ASSETS. 

Materials and supplies 

Sundries 

Qrand total 

LIABIIilTIES. 

Capital stock 

Punded debt — 

Current liabilities ^ 



Accrued interest on funded debt not 
yet payable 



Accrued taxes not yet due 

Reserve for acauiring outstanding 
capital stock in proprietary corn- 
Sundries 



Collateral trust loan covered by de- 
posit with Continental Trust Co. 
(per contra) -. 



Wilming^n bridge bonds . 

Profit and loss 

* Qrand total- 



Total. 

$82,740,706.17 

5,920,406.76 

78,677,750.70 

3,260,425.00 



106,500.00 
2,192,216.75 

599,920.68 
224,062.40 



128,728,991.41 



62,500,000.00 

55,014,818.88 

2,581,184.70 

280,850.44 
64,271.97 

368,088.21 
1,950,717.90 



108,500.00 
897,065.81 



128,728,991.41 



Year Ending June 30, 1902. 
Increase. Decrease. 



$466,416.71 

1,129,262.87 

586,700.08 



170,017.75 



65,900.68 



10,131.06 



71,477.14 



644,879.84 



$161,858.15 



3,400,000.00 



2,677,175.39 
16,774.85 



3,906,876.06 



1,098,180.06 
67, 01^74 



135,071.42 



3,400,000.00 



8,908,376.03 



Digitized by 



Google 



160 



N. C. CORPORATION COMMISSION. 



REVTALS SECEIVBD. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item. 


Total. 


Tracks 


Weldon to Garysburg, N. C.- 
Atlanta, Ga 

Welbom. Fla 


A. C. L. Railway 

Atlanta Rapid Tr. Co 

Fla. and Ga. R. R 


$5,082.08 

1,800.00 

180.00 

240.00 

4,807.88 

440.00 










Collins, Ga 


Columbus and Reldsville.. 
Plant System of Rallways. 
Tavares and Gulf 






Archer to Mornston 






Tavares, Fla 

Cheraw to Maburg 

Sidings and spurs 






Chesterfield and Lancaster- 
Various — 


1,070.04 
168.12 


S13. 838.1^ 


Total 




Yards 


Locations for various houses. 


791.50 ' 




Albany and Northern 




791 5(V 


Total 




Terminals 


Cordele, Ga 


585.00 










Total - 




585.00 




— . 






Grand total 
rents re- 
ceived. 





15,214.62: 



laSCELLlSIOUS EZPBV8B8. 



Item. 


Gross 
Income. 


Net 

Miscellaneous^ 

Income. 


Dividend on Tampa Extension Lands 

Interest on notes receivable, etc 


S780.00 
9,007.70 


1780.00 
9,007.70 


Total 


9,787.70 


9,787.70 



REVTAL8 PAID. 

A. RENTS PAID FOR LEASE OP ROAD. 



Name of Road. 



Dividends 

on Stock 

Guaranteed, 



Cash. 



Total. 



Central of Georgia Railway 

Wilmington Railway Bridge 

Total rents A 



$48,500.00 



$5,425.00 



5,425.00 



43,500.00 



$43,500.00 
$5,425.00 



48.925.00 



Digitized by 



Google 



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SEABOARD AIR UNE RAILWAY COMPANY. 

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151 



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152 



N. C. CORPORATION COMMISSION. 






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Digitized by 



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SEABOARD AIR LINE RAILWAY COMPANY. 



153 



EMPLOTEES AVD SALARIES— State of North Carolina. 



Class. 


Number. 


Total 
Number 
of Days 
Worked. 

1,642 

2,676 
28,945 
33,681 
90,216 
28.426 
28,426 
16,413 
35,458 
15, 157 

7,187 
55,207 
35,156 
171.642 
27,357 
16,997 

1,807 
64,888 


Total 
Yearly Com- 
pensation. 

$26,112.89 
17,150.64 
58,938.78 
47,0W.63 

104,916.98 

100.040.12 
35,812.77 
45,298.71 
41.529.74 
35,104.70 
14,358.98 
83,664.97 
56,657.51 

154,882.68 
36,177.58 
22,880.77 
2,461.89 

106,867.28 


Average 
Daily 

Compen- 
sation. 


General officers 

Other officers 


5 
7 

92 
102 
161 

74 
172 

68 
141 

98 

81 
290 
109 
019 

70 

34 

5 

206 


815.91 
6.41 


General office clerks 

Station agents 


2.04 
1.40 


Other station men 

Englnemen 

Firemen — ....... 


1.16 
4.27 
1.58 


Other trainmen — 

Machinists 

Carpenters . . ... 


2.76 
1.17 
2.82 
2.00 


Other shopmen . . . . 


1.52 


Section foremen . . . ... 


1.58 


Other trackmen 

Switchmen, flagmen, and watchmen — _— 


.90 
1.32 


Telegraph operators and dispatchers 

Employees— account floating equipment 

All other employees and laborers 


1.35 
1.88 
1.65 






Total (including "General Officers")— 
North Carolina — 


2,614 
5 


650, ■771 
1,642 


988,364.92 
26,112.89 


1.52 


Less "General Officers" 


15.91 


Total (excluding " General Officers ")— 
' North Carolina 


2,609 


649,129 


962,252.08 


1.48 






Distribution of Above— 

General administration — 


104 
1,058 

419 
1,088 


33,263 
206,798 

77,661 
833,159 


102,211.31 
210,040.14 
133,128.60 
542,989.87 


8.07 


Maintenance of way and structures 

Maintenance of equipment 


1.02 
1.72 


Conducting transportation - . 


1.63 






Toial (including "General Officers")— 
North Carolina 


2,614 
5 


650,771 
1,642 


988,364.92 
28,112.89 


1.52 


Less " General Officers " _ . 


15.91 






Total (excluding "General Officers")— 
North Carolina 


2,609 
10,966 


649,129 
2,728,598 


962,252.03 
4,144,0^.78 


1.48 


Total (Including " General Officers")— en- 
tire line. 


1.52 



Digitized by 



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154 



N. C. CORPORATION COMMISSION. 



TRAP nC AVD MILEAGB STATISTICS— Stote of Vorth CaroUna. 



Item. 



Number 

Passengers, 

I Tonnage 

I and Car 

I Mileage. 



Passengeb Traffic— 

Namber of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings — 

Passenger earnings per mile of road _ — 

Passenger earnings per train mile — 

Frbiqht Traffic— 

Number of tons carried of freight earning revenue .. 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton - 

Total /^Ight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total A*elght earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total. Traffic— 

Gross earnings from operation 

Qross earnings ftom operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of rood ^ 

Operating expenses per train mile 

Income ftom operation 

Income trom operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars — 

Average number of passenger cars per train mile .. 

Average number of passengers per train mile 

Mileage of loaded fl^lght cars— north or east 



437,236 
20,881,864 
33,626 
47.76 



Revenue and Rates. 



1,461,018 
176,580,361 
284,268 
120.82 



4,104,531 

4.53 
23 
7,160,866 
Mileage of loaded freight cars— south or west ' 5,518,498 



DoUara. 



CenU MiUa, 



498,750 

1 



625,807 
1,007 



1,968,089 
1 



3,161 

1 

2,684,684 

4,822 

1 

1,724,550 
2,777 



63 < 

14 

02 

71 ' 

74 

60 



950,774 
1,545 



071 

388 



030 



45 
34 
01 
45 
17 
88 

24 

60 
45 

28 ,_. 
07 l„ 
98 
96 _. 



364 
112 



787 



381 



400 



Digitized by 



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SEABOARD AIB USE RAILWAY COMPANY. 



155 



TSATnC AVD MILEAQI STATISTICS—State of Vorth Carolina— Comtinned. 




Item. 


Number 
Passengers, 
Tonnage 
and Car 
Mileage. 


Revenue and Rates. 


Car Milbaob, Etc.— Continued. 

Mileage of empty flight can— north or east 


1,978,489 
8,698,805 

17.64 
12.19 
5.45 
169.77 
18.92 
621 


DolUmra. 


Onto 


MiUt, 


Mileage of empty fk^lght cars— south or west 




Average number of Arelght cars per train mile 




Average nnmher of loaded cars per train mile ...,. 




Average number of empty cars per train mile 

Average number of tons of flrelght per train mile 

Average number of tons of flight per loaded car mile. 
Average mileage operated during year . 








1 

















TRUnC AVD MILSAGE STATISTICS— Entire Liae. 



PA88BN6EB TRAFFIC— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received ftom each passenger 

Average receipts per passenger per mile 

Total passenger earnings — 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Frsight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton mile.. 

Total ft^ight revenue 

Average amount received for each ton of fk^ight 

Average receipts per ton per mile 

Total freight earnings 



Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Qross earnings trom operation 

Gross earnings from operation per mile of road . 
Gross earnings from operation per train mile 



1,888,274 
87,554,985 
88,628 
47.76 



4,516,072 
740,169,229 
284,286 
168.89 



2,040.064 

1 



2,588,175 



7,906,126 

1 



8,170,894 

8,188 

1 

10,922,495 

4,195 

1 



87 
11 
02 
96 I 

07 i 



880 



089 



044 
068 



18 
75 : 
01 1 
46 ' 
10 i 
87 



87 

18 

41 085 



Digitized by 



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156 



N. C. CORPORATION COMMISSION. 



TRAFFIC AVD MILEAaE STATISTICS- Sntirt Line— Ccntliiiiad. 



Items. 



ToTAi^ Traffic— Continued. 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income ftom operation 

Income fh>m operation per mile of road 

Car Mileage, Etc- 

Mileage of passenger care - 

Average number of passenger cars per train mile 

Average numcer of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight oars— north or east 

Mileage of empty fi^ight cars— south or west 

Average number of ft^ightcare per train mile 

Average number of loaded cats per train ipile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Averag^e number of tons of freight per loaded car mile- 
Average mileage operated during year 



Number 
Passengere, 
Tonnage, 
and Car 
Mileage. 



17,209,770 

4.58 
28 
30,022,454 
23,138,336 
8,274,501 
15,485,656 

17.64 
12.19 
5.45 
169.77 
18.92 
2,608.61 



Revenue and Rates. 



Dollar: 

7,188,816 

2,750 



8,788,678 
1,485 



Cents 
80 

17 
92 
57 



MUU, 



798 



FREIGHT TRAFFIC MOYSMEHT-^tote of Vorth Carolina. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Freight 
Received 
from Con- 
necting 
Roads and 
other 
Carriers. 



Total Freight Tonnage. 



Products or Agriculture— 

Grain 

Flour- _ 

Other mill producta 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Melons 



Whole Tons. 
24,177 

9,309 
13,250 

2,664 

7,537 
80,508 
10,255 

2,821 



Whole Tons, Wohle Tons. ' Per Cent 



85,843 
22,990 
7,186 
8,406 
3,815 
19.075 
2,788 
140 



59,520 
32,299 
20,395 
11,070 
11,352 
49,578 
13, (M3 
2,961 



4.08 
2.21 
1.40 
.75 
.78 
8.89 
.89 
.20 



Digitized by 



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SEABOARD AIR UNE RAILWAY COMPANY. 157 

FBEIQHT TKA?FIC MOYSXEVT—SUto of Vorth Caroluft— Continnod. 



Commodltiy. 



Products of Animals— 

Livestock 

Other packing-house prodacts _. 

Poultry, game, and flsh 

Wool _. 

Hides and leather 

Products OF Mines— 

Anthracite coal ^ 

Bituminous coal _ j 

Ores 

Stone, sand, and other like articles 

Phosphate 

Products of Forest— 

Lumber 

Logs 

Wood and slabs 

Man ufacturbs— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom. 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick, and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors, and beei-s. —, 

Household goods and furniture __. 

Cotton meal products 

Merchandise 

Fertiliser 

Miscellaneous— 

Other commodities not mentioned above ._ 
Total tonnage— North Carolina... 
Total tonnage— entire line __ 



Freight 

Originating 

on this 

Road. 


Freight 
Received 
from Con- 
necting 
Roads and 

other 
Carriers. 


Total Freight Tonnage. 


Whole Tmt. 


Whole Tons, 


Wliole Torut. 


Fer Cent. 


2,061 


691 


2,752 


.19 


7,727 


4,970 


12,697 


.87 


I 286 


188 


469 


.0:t 


76 


45 


121 


.01 


:W4 


499 


}i)i»i\ 


.06 


7,570 


44. 08:? 


1 
51.65.8 


8..>4 


i 6 


768 


T74 ' 


.05 


11,515 


7,0:e 


18,548 


1.27 


1.749 


2,847 


4,096 1 


.28 


187,«2li 


l:W,516 


276,142 


18. JK) 


118.57:? 


4,6:J2 


128, 2a5 


8. 13 


79,578 


7,932 


87,510 


5.99 


l»,2iW 


4,980 


21,-208 


1.45 


4,544 


1,872 


6,416 t 


.44 


4,698 


1,766 


6,4(M 


.44 


2,635 


28, -264 


25,899 t 


1.T7 


6,181 


14,668 


20,799 


1.42 


5,084 


17,964 


28,048 1 


1.58 


2,821 


4,580 


7,361 1 


.50 


16,9«2 


8,086 


25,018 


1.71 


607 


783 


1,390 


.10 


1,616 


1,191 


2,807 1 


.19 


2,:W9 


l.ftW 


4,005 1 


.27 


:{, 178 


2, 181 


5,3.54 1 


.37 


20,397 


16,249 


^,m\ \ 


2. .51 


19(i,3l2 


140,111 


3:W«, 4-28 


•23.08 


e2,,>57 


18,869 


81,426 


.5. .58 


44,841 


:J2,85.> 


77^696 \ 


5. .82 


858.621 


602.397 


1,461,018 \ 


1.00 


2,854,066 


1,662,006 


4,516,072 j 


1.00 






Digitized by LjOOQ I 



16S 



N. C. CORPORATION COMMISSION. 



DE8CKIPTI0V OF SaUIPMEHT. 



Item. 


No. 
Added 
During 
Year. 

.0 
10 

2 


Total 

No. 

at End 

<»fYear. 


Fitted 
with 
Train 
Brake. 

No. 
125 
140 
33 


Filled 
with 
Auto- 
matic 
Coupler. 


Locomotives Owned and Leased— 

Passenger 

Freight 


126 
140 
83 


No. 
126 
149 




33 


Total locomotlvee in service 


22 
20 


306 
181 


807 
131 


308 


Less locomotives leased 


IHl 






Total locomotives owned . 


2 


177 


176 


177 
III 






Carh Owned and Leased— 
In Passenger Hebvicb— 
First-class cars 




48 
85 
20 
8 
2 
85 


48 

20 
3 
2 

85 


48 


Second-class cars ' 


85 


Combination cars 


20 


Dining cars 


^ 


Parlor cars _- i 


•> 


Baggage, express, and postal cars.. 


2 


S5 


Total 


2 


252 


252 


252 


In Freight Service- 
Box cars 


1 
oOO 


4,400 

3,618 

67 

200 

20 

70 


3,085 
3,3W 
60 
85 
20 
27 


4,400 

3,618 

67 


Flat cars — 

Stocic cars - 


Coal cars ._ 




200 


Refrigerator cars 




20 


Other cars In Arelght service 




27 








Total - ^— 


501 


8,384 


7,541 


8,832 


In Company's Service— 

OflBcers' and pay cars ._. 




8 
40 

4 
128 
256 


8 
40 

01 

48 


9 


Gravel cars _ 

Derrick cars... ., >. 


40 


40 
4 


('aboosc cars _ _ 




12:t 


Other roctd cars 










Total .. - 


40 


431 


194 


175 


Total cars In service _ 


548 
300 


0,067 
4,804 


7,087 
4,804 


8,750 
4,804 


Less cars leased 


Total #ars owned . - — -_ . - 


248 


4,263 


8,188 


3,955 





Digitized by 



Google 



SEABOARD AIR UNE RAILWAY COMPANY. 



159 



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Digitized by 



Google 



160 



N. C. CORPORATION COMMISSION. 



MILEAU— Continued. 
C. MILEAGE OF LINE OWNED BY STATES (Single Track). 



State or Territory. 



Virginia 

North CaFoUna. 
South Carolina- 
Georgia 

Alabama 

Florida 



Line Represented by 
Capital Stoclc. 



Main 
Line. 



Total 

Mileage 

Branches i Owned, 
and I 
Spurs. 



' 157.50 - 
616.06 I 
S40.88 j 
585.84 
81.60 
748.81 



Total mileage owned (sin- 
gle track) 



2.64 



i- 



2,580.19 



5.00 



12.83 



20.87 



157.60 
618.60 
340.88 
5e0.84 
8L60 
761.14 



2,550.56 



New 
Line Con- 
structed 
During 

Year. 



10.00 , 



Rails. 



Iron. 



87.78 



46.23 



10.00 i 



84.01 



Steel. 



157.50 
580. H2 
,*M0.88 
:)00.84 
81.60 
714.91 



2,466.55 



CHARACTE£I8TIC OF R0AD~8tot« of Horth GaroUna 



Working Division or Branches. 



From— 



Hermitage 

Portsmouth 

Weldon 

Raleigh 

Wilmington 

Monroe 

Belt Junction 

Hamlet 

Cheraw — 

Camden _ 

Henderson 

Boy kins 

Pranklinton 

Moncu re 

Ellcnboro 

Belt Junction 

Lawrence vllle 

Hamlet 

Roanoke Junction.. 
Total old system 



To- 



Norlina 

Weldon ._ 

Raleigh 

Hamlet 

Rutherfordton .. 

In man Park 

Howells - 

Cheraw 

Camden 

Cayce Junction . 

Durham* 

Lewiston — 

Louisburg 

Piltsboro 

Caroleen 

Henrietta Mills . 

Logansville 

Gibson 

Roanoke Rapids 



Miles. 



Alignment. 



Numl>er 

of 
Curves. 



I 



102.10 
78.60 
96.20 
96.60 
264.68 
266.10 

8.10 
18.28 
54.94 
86.10 
41.40 
36.00 
10.00 
11.20 

4.70 

1.70 
10.38 
10.13 

2.54 



1,148.74 



187 
80 
82 
98 
196 
365 
19 
21 
58 
48 
90 
20 
14 
18 
10 
7 

16 
12 
16 



Aggregate Length 
Length ' of 

of Curved (Straight 
Line. I Line. 



I 



Miles, I 
'29.50 

12.80 

30.68 I 

22.68 I 

52.98 j 

76.40 I 

8.90 I 

5.13 I 

11. 15 [ 

8.10 

20.01 

2.95 

8.90 

3.50 

2.07 

.81 

2.41 ' 

2.81 

1.28 



Miles. 
?2.60 

65.80 

m 52 

78.92 

211.70 

180.70 

4.20 

18.15 

48.79 

28.09 

21.89 

32.05 

6.10 

7.70 

2.68 ; 

.89 

7.92 ' 

7.82 i 

1.26 



Profile. 



Length 

Level 
Line. 



Mile*. 
14.70 

10.84 

17.67 

17.94 

42.53 

38.98 

1.70 

8.84i 

7.08 

4.8b 

5.58 

19.00 

2.19 

1.40 

.84 



2.55 
.79 



l,-244 I 



292.51 ' 856.28 



186.41 



Digitized by 



Google 



SEABOARD AIR LINE RAILWAY COMPANY. 



lei 



CHABASTEBI8TIC 0? ROAD— Stote of Vorth Cftrolina~43oiitiaii«d. 



Working Division of Branches. 



Cayce Junction, Savannali ... 
P.O. and P. Railway Systems.. 
Oa.and Ala. Railway System 

A.S.R.and Q.R.B __ 

Ck>mp8Spur 



Miles. 

185.02 

817.79 

400.86 

46.44 

1.71 



Total 2.550..16 



Information lacking, or Incomplete. 



Working Division or Branches. 



Profile. 



From- 



Hermitage 

Portsmouth 

Weldon.__ 

Raleigh 

Wilmington 

Monroe 

Belt Junction 

Hamlet 

Gheraw 

Camden 

Henderson 

Boykins 

Frankllnton 

Moncure _ 

Ellenboro 

Belt Junction 

Lawrenoeviile 

Hamlet 

Roanoke Junct'n 
Total old sy't*m 



Ascending Grades. 



Descending Qrades. 



To- 



No. 



Norllna ._ | 146 

Weldon t 51 

Raleigh 57 



85 



Hamlet 

Rutherfordton 

Inman Park 

Howells *. 

Gheraw 

Gamden 

Cayce Junction I 50 

Durham I 8« 

Ijewiston 

Louisburg 

Pittsboro 

Caroleen 

Henrietta Mills . 

Logansville 

Gibson 

Roanoke Rapids 



1,879 



Sum of 
Ascents. 



Feet, 
2,018.0 

439.8 

879.5 

1,198.0 

48,900.5 

5,761.0 

145.0 

124.5 

1,171.9 

736.7 

80.2 

288.0 

88.0 

152.0 

42.0 



Aggregate 

Length of 

Ascending 

Grades. 



Mile: 
45.50 

40.50 

39.43 

37.07 

130.28 

122.86 

3,80 

5.72 

25.84 

15.87. 

18.01 

8.80 

2.50 

7.50 

.74 



226.0 
60.0 
40.1 



4.78 

2.82 

.54 



62,346.2 



511.60 1,245 



No. 



133 

49 

54 

96 

472 

166 

1 

21 

76 

45 

35 

13 

25 

12 

4 

1 

21 

18 



Sum of 
Descents. 



Aggregate 

Lengrth of 

Descending 

Grades. 



Feet, 
1,785.0 

351.8 i 

678.0 

1,190.0 ■ 

38,1^.6 ' 

5,297.0 

140.6 ' 

209.5 
I 
1,182.7 

741.2 

86.2 

256.0 j 

110.0 

99.0 

259.0 

160.0 

255.0 I 

80.0 



184.7 



I 



Miles. 
41.90 

27.76 

39.10 

41.50 

91.82 

109.31 

3.10 

8,70 

22.02 

15.46 

17.86 

7.70 

5.22 

2.30 

3.62 

1.70 

5.60 

4.76 

1.21 



51,119.8 j 



450.78 



11 



Digitized by 



Google 



162 



N. C. CORPORATION COMMISSION. 



TAXES AVD AS8E8SMEVT8 OF ALL KINDS. 
A. FOR REPORTING COMPANIES OWNED AND PROPRIETARY LINES. 



State or Territory. 



Virginia 

North Carolina- 
South Carollna- 

Geongia 

Alabama 

Florida 

Total 



Ad Valorem 

Tax on the 

Value of Real 

and Persoual 

Property. 



t24.418 94 
87,228.47 
49,013.46 
92,885.02 
11,862.22 

10f7,O9O.7O 



Internal 
Revenue, 
U. S. Govern- 
ment. 



871,478.81 



1600.42 
2,866.90 
1,289:06 
2,488.02 
811.62 
2,868.12 



9,924 14 



Total. 



•25,019.86 
89.605.87 
50,842.83 
94,818.04 
11,678.84 

109,968.82 



881,402 95 



CARS USED. 



Name of Owner. 



Dencrip- 
tion. 



American Cotton Oil Co.. — Freight.. 

American Refrigerator Transportation Co do 

American Car Co — - -- do 

Acme Brewing Co- - do 

American Tank Line —.do 

American Live Stock Transportation Co _ _do..--.. 

Atlantic Cotton Oil Co -..do 

Anglo-American Refrigerator Transportation Co -do 

Armour Car Lines - - - do 

Arms Palace Horse-Car Co — do 

Arbuckles* Ariosa Dispatch Co — do 

Ammonia Company of Philadelphia — do 

Boone, W. E - do 

A. Booth A Co do 

Burton Stock Car Co. j—.do 

Cauda Cattle Car Co - — |— do 

-Charlotte Oil and Fertilizer Co 

Cleveland Provision Co - - 

Chicago, New York and Boston Refrigerator Co 

Central Equipment Co 

<;hatham Coal and Iron Co 

Commercial Dispatch Line 

Consolidated CatUeCar Co 

Continental Fruit Express 



..do- 
.do.. 

do 

..do.. 
..do.. 

do- 
_do.- 
.do- 



Compensation. 



Rate. 



Amount. 



54 and 6-10 

do 

do 

do.- 

—do 

do .. 

.._do I 

...-do ' 

....do 

—do 

-—do 

do 

—do 

.—do 

—do 

_-..do 

do 

do 

do 

—do- 

—do 

do 

—do 

do 



92,877.88 

407.94 

102.20 

6.28 

.50 

2.91 

15.45 

107.71 

10,614.58 

28.21 

66.80 

9.58 

5.78 

8.62 

28.96 

25 65 

65.72 

1.58 

7.97 

4.68 

218.50 

1.28 

10.76 

58.48 



Digitized by 



Google 



SEABOABD AIR LINE RAILWAY COMPANY. 



163 



CASS USID— CoBtiBned. 



Name of Owner. 



Oold Blast Transportation Co 

Cadahy Milwaukee Refrigerator Line 

Oadahy RefWgerator Ck) 

Dairy Shippers Dispatch 

Dold Packing Ck) 

Express Coal Line 

Florida Naval Stores and Oommission Ck) 

Freeman Bros. Refrigerator Line 

Gate City Oil Co 

Hammond Refrigerator Line 

Healy,C.J 

Jackson, Sharp & Co 

Kansas City Refrigerator Car Co _ 

Kentaoky Refining Co — — — 

Klngan Refrigerator Line 

Laconla Car Works 

Llpton Car Line 

Lima Locomotive and Machine Co 

Louisville Packing Co 

Little Rook Cooperage Co 

Mather Horse and Stock Car Co 



McCaw Manufacturing Co 

Mathlson Alkali Works 

Merchants Dispatch Transportation Co.. 

Montana Coal and Coke Co 

Nashville Packing Co 

National Dispatch Line 

National Rolling Stock Co 

National Carbon Co 

Nelson, Morris <& Co 

New England Car Co 

North and South Roiling Stock Co 

Pennsylvania Refining Co 

Pittsburgh Coal Co 

Pease, F. H 

Portland Brewing Co 

Produce Shippers Dispatch 

Provision Dealers Dispatch 



Descrip- 
tion. 



Compensation. 



Rate. 



Freight- 

do 

-do. 

do 

„--do 

do. 

-.-do 

...do- 

—do 

...do.. 
.._do__ 
_-.do.. 

do... 

...do.- 

— do 

...do 

do 

do 

do 

do 

..-_do_. 

do-. 

_--.do.- 

do-- 

do 

_..-do-. 
____do_. 

do- 

....do.- 

do.. 

do- 

do- 

do- 

....do- 

do- 

do.. 

do-. 

— do- 



% and 6-10 

-do 

do 

do 

do 

do 

do 

do 

do 

....do 

—do 

do 

—do 

-do 

—do..-.,. 

—do 

-do 

-.do 

do 

...do 

do 

—do 

—do 

do 

— do_ 

—do 

...do 

—do 

—do 

do 

—do 

—do 

—do 

-.do 

do 

—do 

—do 

do 



Amount. 



66.68 

61.08 

188.66 

88.18 

886.28 

606. »3 

2.84 

144.31 

182 29 

6.27 

12.88 

10.68 

20.90 

187.00 

10 82 

430.42 

2.71 

49.60 

.81 

5.93 

8.57 

26. T7 

246.15 

5.29 

1.13 

21.90 

21.81 

7.56 

27.62 

28.91 

808.57 

14.48 

3.42 

20.26 

7.77 

67.67 

77.16 



Digitized by 



Google 



lU 



N. C. CORPORATION COMMISSION. 



CARS USED— Contianed. 



Name of Owner. 



DoHcrip- 

tlOD. 



Hleepers— 
Frelght 
. -do... 
... do— 
..do... 
do... 



The Pullman Co 

Rock Hill Buggy Co 

Bt Louis HefMgerator Oar Co 

Bante Fe Refrigerator Line — 

Streel's Western Stock Car Co -. _ 

Bmlth Refrigerator Line i ^ _ 

Bpeclal Freight Dispatch i do___ 

Bmith Refining and Cotton OH Co | do 

Bouthem Cotton Oil Co i do... 

Bonthern Dispatch Lumber Co | do 

Southern Iron Oar Line do.— 

Southern Freight Line . | do— 

Southeastern Line do_._ 

i 
South Baltimore Car Works __. do... 

Union RefrVgerator Transportation Co do... 

Union Tank Line — do .. 

Venice Transportation Co — do— 

Virginia and Alabama Coal Co do-_. 

Virginia and Carolina Chemical Co do... 

Western Refrigerator Line __ _ ' do... 

MUburnie Oil Works \ do... 

Total _ i_ 



Compensation. 



Rate 

1 and 2 ct__ 
^X and 6-10 

...do 

—.do 

do 

...do 

do 

-do 

-do 

...do 



-do. 



Amount. 



-_.do 

do 

do 

_.-do 

-_do 

—do 

do 

do 

...do 

do 



$52,305.72 

85.44 

en. 10 

17.81 

20.21 

1,881. 46 

4«05 

2.28 

813.75 

291.94 

9,105.01 

74.80 

957.20 

50.06 

865.88 

2,267.70 

64.18 

4.67 

18.72 

19.22 

47.^ 

85.856.97 



Digitized by 



Google 



SOUTHERN RAILWAY COMPANY. 



165 



Southern (Railway Company. 



0FFICBB8. 



TlUe. 



President — 

First Vice-President 

Second Vice-President— — 

Third Vice-President- 

Fourth Vice-President 

Secretary 

Treasurer — _ 

Attorney or General Counsel 

Auditor — 

Assistant Auditor 

General Manager _ 

-General Manager 

Assistant General Manager 

Engineer of Construction 

Oeneral Superintendent 

General Superintendent 

^Superintendent of Telegraph 

Passenger Traffic Manager 

Freight Traffic Manager — 

Assistant Freight Traffic Manager 

General Freight Agent 

Oeneral Passenger Agent - 

Land and Industrial Agent. 



Name. 



Samuel Spencer... 

A. B. Andrews 

W. W. Finley 

Frank S. Gannon 

J. M. Cues 

R. D. Lankford 

H. C. Ausley 

Francis Lynde Stetson _ 

A. H. Plant 

E. H. Kemper 

C. H. Ackert 

H. B. Spencer 

R. A. Dugan 

W.H. Wells 

J. H. Sands 

J. A. Dodson 

C. A. Darlton 

W. A. Turk 

T. C. Powell 

Lee McClung 

E. A. Nell _ 

8. H. Hardwlck 

M. V. Richards 



Location of Office. 



New York. 
Raleigh, N. C. 
Washington, D. O. 
Washington, D. C. 
Washington, D. C. 
New York. 
Washington, D. C. 
New York. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
St. Louis, Mo. 
Washington, D. C. 
Washington, D. C. 
Salishury, N. C. 
Chattanooga, Teun. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 
Loqisville, Ky. 
Washington, D. C. 
Washington, D. C. 
Washington, D. C. 



DIRECT0B8. 

Alexander B. Andrews, Raleigh, N. C; Joseph Bryan, Richmond, Va.; Harris C. Fahnfistock, 
New York ; William A. Finley, Washington, D. C. ; Roht M. Galloway, New York ; Samuel M. 
Inman, Atlanta, Ga. ; Andrew Iselln, Jr.,- New York ; Samuel Spencer, New York ; Charlie 
■Steele, New York ; James T. Woodward, New York ; Geo. W. Mastin, New York. 



Digitized by 



Google 



166 



N. C. CORPORATION COMMISSION. 



PBOPEBTT OPERATED— 8Uto of Eorth CaroUaa. 



MAIN LINE. 



TermiDals. 



Prom— 



Soathem Railway Ck>inpaDy— 

State Line, Va 

Charlotte, N. C 

SallBbary, N. C 

Aaheville, N. C 



To- 



Oreensboro, N. C. 
State Line, S. C 



Aflheville, N. C 

State Line, Tenn 



Miles of 

Line for 

Each 

Road 

Named. 



42.70 
11.50 
141.00 
44.50 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



230.70 



BRANCH LINKS. 



Soathem Railway Company— 

Virgrlnia State Line 

Oxford, N. O 

Glreensboro, N. C 

Charlotte, N. C 

Morphy Junction, N. C 

Total owned lines in N. C. 



Durham, N. C 

Henderson, N C... 
WUkesboro, N. C. 
Taylorsville, N. C. 
Murphy, N, C 



48.00 
12.76 

100.15 
65.65 

122.40 



348. OS 



588. 6& 



TRACKAGB BIOHTB. 



Wilmington and Weldon R R.— 








Selma, N.C... 


Tarboro, N.C .-. 


54.88 




Norfolk and Carolina R R.- 








Tarboro, N. C 


Viiginla State Line 


65.80 








120. 6» 






Total 


700. sa 











Digitized by 



Google 



SOUTHERN RAILWAY COMPANY. 



167 



PBOPEBTT OPEBATED-.Eiitire Limt. 

NAME OP EVERY RAILROAD THE OPERATIONS OF WHICH ARE INCLUDED IN THE 

INCOME ACCOUNT. 



1. Railroad line represented by capital stock : 

A. Main line. 

B, Branches and spurs. 

3. Proprietary companies whose entire capital 
stock is owned by this company. 



8. Line operated ander lease for specified sum. 
4. Line operated under contract, or where the 

rent is contingent upon earnings or other 

oonsiderationB. 
6. Line operated under trackage rights. 



1. Railroad Line Rbprbsbntbo by Capital Stock. 

2. Propbijetart Companibs Controlled bt Ownership of Seguritibs. 

MATN line. 



Terminals. 



Prom- 



Alexandria, Va 

Neapolis, Va 

Charlotte, N. C 

Columbia, S. C 



Salisbury, N. C 

Bristol, Tenn 

Stevenson, Ala — 

Ooltewah Junction, Tenn. 

Aostell, Ga 

State Line, Ala 

Atlanta Junction, Oa 

Louisville, Ky 

East St. Louis, 111 

Total 



To— 



Greensboro, N. C 

West Point, Va 

Augusta, Ga 

Greenville, S. C 

Morristown, Tenn __ 
Chattanooga, Tenn. 

Memphis, Tenn 

Brunswick, Ga 

State Line, Miss . 

Greenville, Miss 

York, Ala 

Lexington, Ky 

New Albany, Ind... 



Miles of 
Line 

for Elach 
Road 

Named. 



280.06 
179.00 
191.00 
148.50 
231.87 
24155 
271.80 
415.00 
280.70 
179.10 
270.50 
80.12 
265.06 



Miles of 

Line 

for E^ach 

Class of 

Roads 

Named. 



3,008.74 



BRANCH LINES. 



Tuscumbla, Ala 

Moscow, Tenn 

Percy Branch— StoneviUe, Miss 

Columbus Branch— M. A O. Station- 
Webb Branch— I tta Bena, Miss 

Columbus Branch— Pass. Station 

Terminal to Freight House 

Alexandria, Va 

Union Street Branch 

Manassas Branch— Manassas Jct.,Va. 
Warrenton Branch— Calverton, Va — 
PitiBvUle Branch— Franklin Jet., Va.. 



Florence, Ala 

Somervllle, Tenn 

Percy, Miss. (N.Q.)_._ 

Columbus, Miss 

Webb, Miss 

Columbus, Miss 

Washington, D. C 

Bluemont, Va 

Alexandria, Va 

Harrisonburg, Va 

Warrenton, Va. 

PittsvlUe, Va 



7.80 
18.10 
23.20 

1.82 
34.60 

0.65 

0.22 
54.15 

1.60 
112.80 

8.90 

7.10 



Digitized by 



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168 



N. C. CORPORATION COMMISSION. 



PBOPE&TT OPEEATKD— OoBtiaiitd. 

BRANCH LINES. 



TermlDals. 



From— 



To- 



Manchenter JancUon, Va 

Belle Isle Junctioo, Va j 

Qranlt«, Va 

Clarksvllle, Va ._. , 

Oxford, N. C . I 

Pomona, N. C ' 

Ashevllle, N.C. (Murphy Junction)—! 

Charlotte, N. O ' 

Hodges, S. C - 

Aiken Branch— Alkeft, S. C 

Embreevllle Junction, Tenn — ' 

I 
Rogersville Junction, Tenn 1 

Clinton, Tenn. — I 

K. A O. Junction— Knoxvllle, Tenn„. 

KnoxvlIIe (Tenn.) Belt.- 

KnoxvtUe, Tenn- 

Brieevllle *' Y," Tenn_ 

Oliver Springs Tenn 

Cleveland, Tenn 

North Rome, Ga 

Atlanta, Ga 

Howell, Ga _ 

Cochran, Ga - — 

Dock Junction, Ga 

Marlon Junction, Ala 

Wilton, Ala 

Gurnee Junction, Ala 

Woodlawn, Ala.>- 

North Birmingham, Ala _ 

0)alburg, Ala 

Cardiff, Ala 

Jefferson, Ala 

Ofllerman, Ala 

American Junction, Ala 

Oakman, Ala. 

Patton Junction, Ala - 



Rockettfl, Va 

Belle Isle, Va. _ 

Weatham Granite Quarry—. 

Durham, N.C-. 

Henderson, N. C 

Wllkeaboro, N.C- 

Murphy, N. C 

Taylorsvllle, N.C - 

Abbeville, S. C 

Edgefield, S. C 

Embreevllle, Tenn 

Rogersville, Tenn 

Harrlman Junction, Tenn .. 
Cumberland Gap, Tenn 



Miles of 
Line 

for Each 
Road 

Named. 



Walland, Tenn _- 

Minersville, Tenn 

Big Mountain, Tenn .- 

Cohutta, Ga 

Attalla, Ala 

Fort Valley, Ga 

Belt Junction, Ga ' 

HawkinsviUe, Ga 

Turtle River Docks,Brunswick,Ga. 

Akron, Ala.- 

Mobile Junction, Ala... 

'Blocton, Ala 

End Belt Road— Bessemer, Ala — 

Coalburg, Ala 

I 
Mines 9 and D, Ala 

Brazill Mines, Ala 

Blossburg, Ala _. 

Hooper Mines, Ala _ 

America, Ala _ 

Coal Valley, Ala 

Patton, Ala ' 



1.00 

.70 

8.00 

55.10 

12.75 

100.15 

122.40 

65.65 

11.60 

28.58 

18.00 

16.00 

80.60 

68.56 

5.87 

26.21 

4.94 

8.28 ! 

14.80 I 

61.80 I 

102.80 ! 



Miles of 

Une 

forEaeh 

Class of 

lioads 

Named. 



8.80 

10.10 

1.80 

58.00 

84.00 

14.80 

20.50 

6.40 

2.60 

1.60 

1.91 ' 

0.60 

2.20 

2.20 

l.iO 



Digitized by 



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SOUTHERN RAILWAY COMPANY. 



16t 



PBOPEBTT OPSBATBD—ContUntd. 

BRANCH LINKS. 



Terminals. 



From— 



To— 



Corona, Ala. _ 

Castleman Junction, Ala 

Lala^Ga _ 

Cave Springs, Ga 

Ardella, Ala -^ 

.Seymour, Ala 

Lawrencebnrg, Ky 

VersallleR, Ky 

Venice and Carondelet Belt 

Belleville Junction, III 

Jasper, Ind 

Rockport Junction, Ind 

Lincoln City, Ind 

Pinner's Point, Va 

Total 



No. 8 Mines, Ala 

Castleman, Ala 

Athens, Ga.. 

Ijopez, Ga ._ 

Belle Ellen, Ala 

Coleanor, Ala _ 

Burgln, Ky 

Georgetown, Ky— 

EastSt Louis, III.... 

Belleville, 111 _. 

Evansvllle, Ind _ 

Rockport, Ind— 

Cannelton, Ind ._. 

Connection with Nor. & Car. R. R. 



Mllee of 
Line 

for Ekich 
Road 

Named. 



0.90 
8.e3 ; 

88.96 ' 
5.28 
2.90 I 
2.24 I 

25.97 I 
16.74 

0.H6 

1.14 

54.22 

18.15 

22.72 

.68 



Miles of 

Line 

for Bach 

Class of 

Roads 

Named. 



Controlled by Ownsbship or Sbcuritiks. 

MAIN LINE. 



1,850.40 



Charleston, B. C , 

Marlon Junction, Ala. 

Knoxville, Tenn 

Cayce, S. C 

Total 



,_ [ Augusta, Ga 

Mobile, Ala- 

JelUco, Tenn 

Hardeeville, S. C— 



186.91 
148.55 
65.80 
128.82 



BRANCH LINES. 



479.58 



Branchvllle, 8. C 

Kingville, S. C 

Sumter Junction, S. C 

Keysvllle, Va 

McDonough, Ga _. 

Biltmore, N. C _ 

Spartanburg, 8. C 

University, N. C 

Mooresvllle, N. C 

High Point, N. C 



Columbia, 8. C 

Camden, 8. C _ 

Sumter, S. C 

Clarksville, Va 

Columbus, Ga — 

Spartanburg Junction, S. C 

Alston, S. C 

Chapel Hill, N. C - 

Winston-Salem, N. C 

Ashboro, N. C — 



ff7.10 
37.10 
15.81 
81.80 
97.88 
65.90 
68.00 
ia20 
53.62 
26.80 



Digitized by 



Google 



170 



N. O. CORPORATION COMlflSSION. 



PBOPSBTT OPIRATSD— CoatiBMd. 

BBANCH LINES. 



Terminals. 



From— 



Sallsbory, N. O 

Tooooa, Ga 

New River Braooh— Coal Creek, Tenn. 

Ferry, 8. C 

Batesburgr, 8. C 

Sanford, N. O 

Ramseur Branch— Climax, N. C 

MadlBon Branch— Stokesdale, N. C. 

BuffQoarry Branch— Oulf, N. C 

Parnaoe Branch— Greensboro, N. C 

Granite Qoarry Br*ch— Mt. Airy, N. C. 

ESnsl^, Ala 

Parrish, Ala 



TotaU 



To- 



Norwood, N. O 

Elberton, Ga 

Cambria, Tenn 

Sievem, 8. C 



Sievem, 8. C 

Mt, Airy, N. C 

Ramseur, N. C 

Madison, N. C 

BuflT Quarry, N. C 



Proximity Mills, N. C 

Granite Quarry, N. C 

Near Warrior River 

Near Little Warrior River.. 



Miles of 
Line 

for Kach 
R<iAd 

Named. 



41.00 

60.60 

402 

7.M 

17.44 

180.96 

18.74 

U.S8 

.06 

2.02 

2.02 

19.22 

9.24 



Miles of 
Line 

for Each 

Class of 
Koads 

Named. 



788.34 
5,088.06 



8. Lines Operated Under Lease for 8pecified Sums. 



North Carolina Railroad- 

Goldsboro, N. C 

Camlelgh Junction, N. C 

Atlanta and Charlotte Air Line- 
Charlotte, N. C ~ 

Franklin and Pittsylvania Railroad— 
PlUsvllle, Va- 

Atlantic and Danville Railway- 
Danville, Va 

James River Junction, Va 

Hitchcock Branch Junction, Va. 

Bnfllilo Junction, Va 

Shoulders Hill, Va 

N. and 8. C. R. R- 

VlFKllina, Va i 

Lockhart Railroad- 

Lockhart Junction, 8. C 

Total 



Charlotte, N. C 

Caralelgh Mills, N.C. 



Atlanta, Qa . 



Rocky Mount, Va . 



West Norfolk, Va 

Claremount Whari; Va. (N. G.). 

Hitchcock Mlllii, Va 

Buffalo Lithia Springs, Va 

Shops, Va 



Mines, N. C. 



Lockhart, 8. C - 



222.44 
1.90 

268.17 

29.90 

•205.10 
50.86 
8.38 
8.90 
10.02 

4.45 

18.81 



818.38 



Digitized by 



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SOUTHERN RAILWAY COMPANY. 



171 



PBOPSBTT OPSBATED— CoBtintted. 

Links Opebatbd Under Contract, or Whbrb the Rent is Contingent Upon 
Earnings or Other Considerations. 



Terminals. 


Miles of 
Line 

for Each 
Road 

Named. 


Miles of 
Line for 


From— 


To- 


Each 
Class of 

Roads 
Named. 


Boswell RaUroad- 

Chamblee, Ga 


RoBwell, Oa. (N. G.) 


9.80 




Total 




9.80 



5. Lines Operated Under Trackage Rights. 



Baltimore and Potomac Railroad— 








Wn^hington, P. C .. . , 


South End Long Bridge 


2.06 




Washington Southern Railroad- 








South End Long Bridge... 


Alexandria, Va 


4.90 




Central of Georgia Railway- 








Peters Street 


Union Deftot, Atlanta, Ga 


0.67 




CentralJnnotion - — 


West Broad Street, Savannah, Ga. 


8.87 




Augusta and Summervllle Railroad- 






Entrance to Union Depot, Au- 
gusta, Ga. 




.49 








Geoigia Railroad- 








Entrance to Union Depot, Au- 
gusta, Ga. 





0.25 




Entrance to Union Depot, Atr 
lanta, Ga. 


- 


0.87 




Western and Atlantic Railroad— 


• 






W. and A. Crossing, Ga 


Dalton, Ga . 


0.20 












Woodlawn, Ala . 


Birmingham, Ala _. 


8.60 




Birmingham, Ala 


Mobile Junction, Ala. 


14.00 




Yorir, Aliv, 


Meridian, Miss.. 

Louisa Street, Chattanooga, Tenn. 


27.08 
0.40 




Central Fasseng^er Station 




Louisville and Nashville Railroad- 






Entrance to Union Depot, Bir- 
mingham, Ala. 





0.52 




L. and N. Junction 


Union Depot> Florence, Ala 


0.20 


. 


Cumberland Gktp, Tenn 


Mlddleboro, Ky 


4.41 




Lipscomh Street . .^.^_. 


Passenger Station, Mobile, Ala 


0.75 




Norfolk and Carolina Railroad— 






Tfl-rhoro, N. C 


Pinner's Point, Va 


99.60 




Wilmington and Weldon RaUroad— 








8elma,N. C 


Tarboro, N.C 


54.88 





Digitized by 



Google 



170 



N. C. CORPORATION COMiaSSION. 



PBOPSSTT OPIRATSD— CoatiBMd. 

BBANCH LINES. 



TerminalB. 



From— 



Sallsbary, N. C 

Tooooa, Ga 

New River BraDoh— Coal Creek, Tenn. 

Perry, 8. C 

Batesbarer, 8. C 

Sanford, N. C 

Ramseur Branch— Climax, N. C 

MadlBon Braoch— Stokesdale, N. C... 

Baff Quarry Branch— Oulf, N. C 

Pumaoe Branch— Greensboro, N. C 

Granite Qoarry Br*ch— Mt. Airy, N. C. 

Ensley, Ala 

Parrish, Ala 



Total. 



To- 



Norwood, N. O 

Elberton, Ga 

Cambria, Tenn 

Sievem, 8. C 



Sievem, S. O 

Mt, Airy, N. C 

Ramseur, N. C 

Madison, N. C 

Buff Quarry, N. C 

Proximity Mills, N. C 

Granite Quarry, N. C 

Near Warrior River 

Near Little Warrior River- 



Miles of 
Line 

for ICach 
R<iAd 

Named. 



41.00 

60.60 

402 

7.M 

17.44 

180.96 

18.74 

U.S8 

.06 

2.02 

2.02 

10.22 

9.24 



Miles of 
Line 

for Each 

Class of 
Koads 

Named. 



788.84 



5,688.06 



8. Lines Operated Under Lease for Specified Sums. 




North Carolina Railroad- 








Goldsboro, N. C 


Charlotte, N. C 


222.44 




Camlelgh Junction, N. C 


Caraleigh Mills, N. C 


1.90 




Atlanta and Charlotte Air Line- 




• 




Charlotte, N. C 


Atlanta, Ga 


288.17 




Franklin and Pittsylvania Railroad— 








ntlBville, Va- 


Rocky Mount, Va 


'29.90 




Atlantic and Danville Railway- 








Danville, Va 


West Norfolk, Va. 


206.10 




James River Junction, Va 


Claremount Wharf, Va. (N. G.) 


50.86 




Hitchcock Branch Junction, Va.. 


Hitchcock Mlllp, Va 


8.88 
8.90 




Bnflhlo Junction, Va 


Buflblo Litbia Springs, Va. 




Shoulder* Hill, Va 


Shops, Va 


10.02 




N. and 8. C. R. R- 








ViFKilina, Va . 


Mines, N. C 


4.46 




Lookhart Railroad— 








Lockhart Junction, 8. C 


Lockhart, 8. C - 


18.81 








Total 





818.38 



Digitized by 



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SOUTHERN RAILWAY COMPANY. 



171 



P&OPIBTT OPERATED— CoBtintted. 

4. IjInbs Operated Undbb Contract, or Where the Rent is Contingent Upon 

Earnings or Other Considerations. 



Terminals. 


Miles of 

Line 
for Each 

Road 
Named. 


Miles of 
Line for 


Prom— 


To- 


Each 
Class of 

Roads 
Named. 


BosweU RaUroad— 
OhamblAe, Ga . . 


Roswel), Oa. (N. G.) 


9.80 










Total 





9.80 



6. Lines Operated Under Trackage Rights. 






BiUtimore and Potomac Railroad- 








Washington, D. C 


South End Long Bridge 


2.06 




Washington Southern Railroad- 








South End Long Bridge 


Alexandria, Va. - — 


4.90 




Central of Georgia Railway— 








Pel^rsWtTf^t — 


Union Depot, Atlanta, Ga 

West Broad Street, Savannah, Ga. 


0.67 




CentralJunction . 


8.87 




Angasta and Summerville Railroad— 








Entrance to Union Depot, An- 
gasta, Ga. 




.49 








Geoigia Railroad- 








Entrance to Union Depot, Au- 
gusta, Ga. 





0.26 




Entrance to Union Depot, At- 
hinta, Ga. 


- - 


0.87 




Western and Atlantic Railroad— 


• 






W. and A Crossing, Ga 


Dalton, Ga 


0.20 




Alabama Great Southern Railroad- 








Woodlawn, Ala _ . 


Birmingham, Ala 


8.60 




Birmingham, Ala 


Mobile Junction, Ala 


14.00 




Yorlr, Ala 


Meridian, Miss 


27.08 




Central Passeng^er Station 


Louisa Street, Chattanooga, Tenn. 


0.40 




LooisviUe and Nashville Railroad- 








Entrance to Union Depot, Bir- 
mingham, Ala. 





0.52 




L and N. Junction 


Union Depots Florence, Ala 


0.20 


. 


Cumberland Gap, Tenn 


Mlddleboro, Ky 


4.41 




Lipscomb Street 


Passenger Station, Mobile, Ala.... 


0.75 




Norfolk and Carolina Railroad— 






TCirboio, N. C 


Pinner's Point, Va 


99.50 




Wilmington and Weldon Railroad— 








8elma,N. C . 


Tarboro,N.C 


54.88 





Digitized by 



Google 



172 



N. C. CORPORATION OOHMISSION. 



P&OPSBTT OPBBATBD— ContiB««d. 
Links Opbbatbd Under Tbackaoe Rights. 



Terminals. 



From— 



Atlantic CosMt Line— 

Entrance to Somter Depot, Sum- 
ter, 8. C. 

Nashville, Chattanooga and St. Louis 
Railway- 



King Street 

Ijouisa Street, Chattanooga, Tenn. 

Charleston and Savannah Railway— 

Hardeeville, S. C 

Plant System— 

Four-mile Crossing to Union Sta- 
tion. 
St. Ix>uis Terminal R. R. Associatlon- 

St. Louis, Mo - 

Knai St. Louis and Cairo Railroad— 
Relay Junction 

Jacksonville and St. Louis Railway- 
Through Centralia, 111 



Baltimore and Ohio Southwestern 
Railroad, New Albany, Ind. 

Illinois Central Railroad— 

nth Street -. 



Entrance to Calhoun Street Sta- 
tion, Memphis, Tenn. 

Kentucky and Indiana Bridge and 
Railroad- 

VlncennesSt,New Albany, Ind_. 

Louisville, Ky 

Savannah Union Station Company- 
Central Junction 

Total - 

Total mileage operated 



To- 



Loulsa Street, Chattanooga, Tenn 
Stevenson, Ala 



Savannah, Oa.- 
Brunswick, Ga. 



East St. Louis, 111 

Broadway, East St. Louis.. 



7th Street Station, Louisville, Ky.. 



11th Street, Louisville, Ky .. 



Union Depot, Savannah, Qa . 



Miles of 

Line for 

Each 

Road 

Named. 



0.85 

o.eo 

38.00 

2B.80 

2.M 

8.18 

.10 

1.80 
.06 



8.00 
6.90 



5.52 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



ao4.«r 



<»,7«5.»1 



Digitized by 



Google 



SOUTHERN RAILWAY CX>MPANY, 



173 



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Year. 


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Digitized by 



Google 



174 



N. C. CORPORATION COBffMISSION. 



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SOUTHERN RAILWAY COMPANY. 



176 



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Google 



176 



N. C. CORPORATION COMMISSION. 



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I 



Digitized by 



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SOUTHERN RAILWAY COMPANY. 



177 



BECAPITULATIOV OF FUVDED DEBT. 



Glass of Debt. 



Mortgage bonds 

Mlscellaneoas obligations 

Equipment trust obligations 

Total 



Amount 
Issued. 



Amount 
Outstanding. 



$132,886,000.00 $131,471,900.00 



6,460,000.00 



2,240,000.00 
5,007,097.64 



187,886,000.00 188,806,997.64 



Interest. 



Amount Ac- 
crued Dui^ 
ingYear. 



$6,110,876.01 
188,416.67 
128,<820.74 



6,878,112.42 



Amount 

Paid During 

Year. 



$6,071,997.60 

168.300. oa 

186,500.00 



6,866,767.60 





CAPITAL 


STOCK. 








Description. 


Number of 

Shares. 
Authorized. 


Par 
Value of 
Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Outetand- 

ing. 


Dlvldenc 
Durin 

Ilate. 


l8 Declared 
g Year. 

Amount. 


Capital stock— Common _. 


1,200,000 
600.000 


$100.00 
100.00 


$120,000,000 
60,000,000 


$120,000,000 
60,000,000 




Preferred.- 


2>^pr.ct 


$1,600,000 


Total 


1,800,000 




180.000,000 


180,000,000 















Manner of Payment for Capital Stock. 



Issued for organization— Common _ 

Preferred , 

Issued for acquisition of stock of A. Q. Southern Railway Co. Line (preferred). 

Issued for purchase of Memphis and Charleston property (preferred) 

Issued for purchase of stock of South Carolina and Georgia R. R. (preferred)... 
Total.. - - - 



Total 

Number 

Shares Issued 

and 
Outstanding. 



$1,200,000 
600.000 
48,000 
29,904 
27,096 



1,800,000 



-12 



Digitized by 



Google 



178 



N. C. CORPORATION COMMISSION. 



BECAPITULATIOV. 
A. FOR MILEAGE OWNED. 



Account. 


1 Total 
1 Amount 
1 Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 

$5,107.81 
5,107.81 
5,107.81 


Amount. 


Capital stock - — 

Bonds - 

Equipment trust obligations _._ 


$180,000,000.00 

' 181,471,900.00 

1 6,097,097.W 


$180,000,000 00 

181,471,900.00 

5,007,097.64 


$35,240.00 

25,739.00 

998.00 


Total. 


.- -' 316,668,997.^ 1 816.568,997.64 


6,107 81 


61,977.00 



In oonsiderlng these computations of the amount of stock and bonds per mile of road owned 
it should be borne In mind that aside from the railroads owned by the Southern Railway Com- 
IMiny in fee, it owns a large amount of securities of other railroad companies, and Its stock and 
bonds were issued to a large extent for the purchase of such securities. 

B. FOR MILEAGE OPERATED (Trackage Rights Excluded), THE OPERATIONS OF 
WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Road. 


Capital Stock. 
$180,000,000.00 


Funded Debt. 


Total. 


Amount Per Mile 
of Line. 




Miles 


Amount. 


SouLhern Railway Co 


$131,471,900.00 


9311,471,900.00 


5,098.41 


$61,092.00 
• 42.512.00 


South Carolina and Qa. R. R. 


6.000,000.00 


6,250,000.00 


10,250,000.00 


24^11 


Sumter and Wat. Riv. R. R. 


6,000.00 


• 100,000.00 


106,000.00 


15.81 


6.705.00 


Mobile and Birmingham R.R 


1,800,000.00 


* 1,800,000.00 


3.600.000.00 


148.55 


24,234.00 


Richmond and M. R. R - 


357,900.00 


, 815,000.00 


672,900.00 


81.30 


" 21,498.00 


Georgia Midland R, R 


1,000,000.00 


' 1,650,000.00 


2.650,000.00 


97.88 


' 27,074.00 


North Carolina R.R 


4,000,000.00 




4,000,000.00 


224.34 


' 17,880.00 


A. and C. Air Line 


1.700.000.00 


' 5,500.000.00 


7,200,000.00 


268.17 


' 26,849.00 


Franklin and P. R R 


200,000.00 


100.000.00 


300,000.00 


29.90 


' 10,083.00 


Atlantic and Danville R. R- 


5.279.200.00 


1,238,000.00 


6,617,200.00 


282.16 


^ 28,101.00 


T<nokhfl.rt R R 








18.81 




RoBwell R. R 


40,000.00 


35,000.00 


75,000.00 


9.80 


7,658.00 






Grand total - 


199,383,100.00 1 147,459,900.00 


846,848,000.00 


6,461.24 


58,681.00 





In considering the amount of capital stock and funded debt per mile of road operated, shown 
in table above, the capital stock and the first consolidated mortgage bonds of the Southern Rail- 
way cover not only the mileage of certain roads owned and operated in the Southern Railway 
System, but also cover, through ownership of securities and through collateral tiusts, large 
interests in other lines of railroad under other properties not operated as a part of the Southern 
Railway System, and not shown above. 



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SOUTHERN RAILWAY COMPANY. 



179 



CITRRBVT A88ET8 AVD LIABILITIES. 



CASH AND CUBBBNT A881&TS. 



Caah ._. 

Bills receivable 

Due trom agents 

Due ftt>m solvent companies and Individuals... 
Net traffic balances due from other companies.. 

Total— <!a8b and current assets 

Total 



CURRENT LIABILITIES. 

Audited voucbers and accounts 

Wages and salaries 

Matured interest coupons unpaid (Including coupons due July 1).. 

Rents due July 1 _ 

Total— current liabilities __ _._ 

Balance— cash assets 

Total « 



Amount. 



S8, 080,892.71 

88,800.48 

760,780.61 

1,111,882.18 

126,086.28 



6,074,791.21 



6,074,791.21 



2,580,704.89 

1,310,644.85 

1,980,982.41 

106,807.48 



6,048,149.58 
26,6U.68 



6,074,791.21 



Materials and supplies on band, 12,134,278.54. 



SEHTALS PAID. 
RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Interest on 

Bonds 
Guaranteed. 


Dividends 

on Stock 

Guaranteed. 


Casb. 


Total. 


Georgia Midland Railway _ . 


^,500.00 
347,500.00 






$49,500.00 
470,500.00 


Atlanta and Cbarlotte Air Line 


$119,000.00 


$4,000.00 


Cbarlottesvllleand Rapidan Railroad 






36,800.00 


85,300.00 


Nortb CaroUna Railroad 






276,000.00 


276,000.00 


Soutb Carolina and Georgia Railroad 


262,500.00 


- 




202,500.00 


Sumter and Wateree River Railroad 


5.000.00 


- 


- 


5,000.00 


Mobile and Birmingbam Railroad 

Atlantic and Danville. ,. . . 


78,000.00 


27,000.00 




106,000.00 


157,000.00 


1^,000.00 


Atbens Belt Line 






1,050.00 


1,050.00 


Ricbmond and Meclclenburg Railroad 


12,600.00 


_ 




12,000.00 


Wilmington and Weldon and Nortbem and 
Carolina Railroads 






60,799.80 
8,001.68 


60,799.80 


Cbarleston and Savannab Railroad. 






8,001.68 


Central of Georgia Railway 








990.96 


999.96 


Total rental — A 


755,100.00 


146,000.00 


562,154.44 


1,458,251.44 







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180 



N. C. CORPORATION COMMISSION. 



nrCOMI ACCOmiT— Entire Lint. 



Gross eamiDgs from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Interest on bonds owned 

Miscellaneous Income— less expenses .. 

Income flrom other sources 

Total income — _. 

DEDUCTIONS FROM INCOMB— 

Interest on funded debt accrued^.. 



Interest on interest-bearing current liabilities accrued, nototb> 
erwlse provided for 



Bents paid for lease of road — . 

Other deductions 

Total deductions flrom income 

Net income -. 

Dividends 2% per cent preferred stock — 

Total - - — 

Surplus from operations of year ending June 80, 1902 _. 

Surplus on June 80, 1901 [trom " General Balance Sheet," 1901 
Report] 



187,701,078.19 
25,625,444.11 



297,890.17 
898,264.65 
188,851.17 



6,878,112.42 

188,926.76 
1,453,251.44 
1,210,817.85 

118,782.18 



1,500,000.00 



Deductions for year 

Surplus on June 80, 1902 [for entry on " General Balance Sheet "] - 



912,076,229.06 



824,506.99 



12,900,788,07 



9,299, 840.( 



8,000,897.47 



1,500,000.00 



2,100,897.47 
4,687,258.71 



6,788,151.18 
227,256.80 



6,510,894.88 



OPEBATUra EXPENSES 



Item. 



Recapitulation of Operating Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Ck>nductlng transportation 

General expenses —^ _ 

Grand total 

Percentage of expenses to earnings— entire line — 

Opbbatino Expenses— State of North Carolina (Owned Lines)— 

Maintenance of way and structures „ 

Maintenance of equipment _ 

Conducting transportation... _ 

General expenses ._ 

Taxes— war revenue, $8,290.80; other, $114,440 18 

Total _ ^ - 

Percentage of expenses to earnings— North Carolina — . 



Amount. 



$5,767,149.65 
5,662,919.19 

12,929,496.44 
1,275,876.88 



25,625,444.11 
67.97 



689,976.85 
540,822.14 
978,758.95 
115,711.29 
117,780.98 



2,448.000.21 
65.29 



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SOUTHERN RAILWAY COMPANY. 



181 



EASVIVM f£OM OPEBATION— SUte of Vorth Carolina. 
OWNED LINES. 



Item. 



Total 
Receipts. 



PA8SBNQBR— 

Passenger revenue 

Less repayments— 



1750,758.69 



Tickets redeemed, excess fores refunded and ' 
other repayments ! 



Total deductions 

Total passenger revenue.. 

Mall 

Express _ 

Extra baggage and storage 

Other items 

Total passenger earnings . 
Freight— 

Freight revenue ._ 



2,825,868.74 



Less repayments— overohaitre to shipperSfand 
other repayments 



Total deductions 

Total freight revenue . 



Total fk^ight earnings „ 

Total passenger and fk«lght earnings 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment— balance 

Telegraph companies 1 

Rents fkt>m tracks, yards, and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings ftom operation— N.O. 

Total gross earnings from operation— en- 
tire Une _ 



Deductions, 

Recount of 

Kepctyments, 

Etc. 



92,156.06 



2,156.03 



56,506.45 



56,506.45 



Actual 
Earnings. 



S750, 602.66 



62,868.26 
12,985.88 
1,481.97 



956.512.06 



2,769,855.29 



2,769,856.29 



8,725,887.87 

2,585.07 

5,850.61 

2.24 

240.00 

887.77 

6,884.96 

15,900.64 

8,741,768.01 

37,706,678.19 



BStTALS BSCEITSD. 



Lease of tracks at Hickory, N. C, to C. and N. W. R. R. 

Lease of tracks at Newton, N. C, to C. and N. W. R R. 

Total rents received 



$120.00 
120.00 



240.00 



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182 



N. C. CORPORATIOX COMBHSSION. 



COST OF BOAD, SaUIPMIVT, AHD PIRMAVEHT IMPBOyEKIVTS. 



Item. 


ExpenditurcH 
During Year 
Charged to 
Construction 
or Equip- 
ment. 

$5,512.81 
110,472.77 


Total Cost to 
June 80, 1901. 


Total Cost to 
June 80, 1902. 


Co8i Per 
Mile. 


Construction— 

Engineering - 




Real eetate 








New sidings 


150,457.46 
346,972.68 

1,010.67 
90,742.58 

1,964.87 
99,468.99 
18,927.68 

4,0^.85 








Redaction grades and curves 








Telegrapli lines 






Shopsr onndhouses and turntables. 
KnoxYlUe and Augusta Extension 




' 






Littleton Extension 






Reynolds Spur Extension 






Little Oababa Branch - 


' 






Total construction 


888,582.86 


S268,606,278.66 $264,417,499.67 $51,862.74 




EaUIPMBNT— 

Passenger oars 


68,515.84 

886,666.65 

9,000.00 




Freight cars — _ 

Floating equipment . 


1 










Total equipment. 


414,181.99 
888,582.86 


14,508,806.18 1 15,014,168.47 2,944.87 
268,608,278.65 264.417,499.67 51.862.74 


Total construction 






Grand total cost construction, 
equipment, etc 


1,252,764.85 


278,206,584.88 i 279,481,663.14 54,807.61 







No kMMis for division as to State of Norih Carolina. 

STOCKS OWVED. 

A. RAILWAY STOCKS. 



Name. 



Alabama Great Southern Rwy.Co., Limited— Class A -. 
Atabama Great Southern Rwy.Co., Limited— Clans B .. 

Knoxville and Ohio RR.Co 

Southern Railway Co. In Kentucky... 

Atlantic and Yadkin Railway Co 

Asheville and Spartanburg R. R. Co — 

Augusta and Sum merville R.R.CO 

C, N. O. and T. P. Railway Co . 

Central Transfer Railway and Storage Co 

Danville and Western Railway Co --.. 

Danville, Mooksville and S.W. RR.Co 

Elberton Air-Line R. R. Co _ 



Par Value. 



$1,725,000.00 

4,605,560.00 

1,118,800.00 

1,000,000.00 

1,000,000.00 

1,047.98L83 

50,000.00 

11,100.00 

25,000.00 

368,600.00 

50,200.00 

90,250.00 



Dividend 
Received. 



^$158,006.99 



999 99 



Valuation. 



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SOUTHERN RAILWAY COMPANY. 



183 



STOCKS OWVED--CoBtiBntd. 
A. RAILWAY BONDS. 



Name. 



Georgia Midland Railway Go .. 
Hartwell Railway Co 



High Point, Randleman, Aahboro and Southern R. R. 

LawrencevlUe Branch R. R. Ck) 

Mobile and Birmingham R RCk>— common 

Mobile and Birmingham R.R. Co— preferred 

North Carolina Midland RRCo 

Northern Alabama Railway Co 

Richmond and Mecklenburg R.R.O0 

South Carolina and Oeorgla R RCo 

State University R. RCo 

Spartanburg, Union and Columbia R. R 

Southern Railway Co. in Illinois 

Yadkin Railroad Co „ 

Carolina Midland Railway Co 

Sievem and Knozvllle R R Co 

Ensley Southern Railway Co 

Mobile and Ohio R.R.C0 

Blue Ridge Railway Co 

Virginia, Seaboard and Western Railway Co 

Villa Rica Branch Railway Co 

Copper Range Southern Railway Co 

B. St. Louis, Biadison and Granite C. R R 

Total 

II. 
MisceUi^neons securities In treasury unpledged 

Total I and II 

B. I. 

Chesapeake Steamship Co. stock 

Chesapeake Steamship Co. certificate of indebtedness 

Bast Tennessee Telegraph Co. stock 

Soathwestem Construction Co 

Miscellaneous __. ..„ _,_,. 

II. 

Miscellaneous securities in treasury unpledged 

Total I and II 

Grand total 



Par Value. 



$1,000,000.00 

20,000.00 

212,600.00 

76.00 

880.400.00 

26,100.00 

787,600.00 

1,518,400.00 

800,000.00 

8,021,800.00 

16,800.00 

1,000,000.00 

8,000,000.00 

462,750.00 

582,600.00 

140,000.00 

200,000.00 

4,982,600.00 

100,000.00 

100,000.00 

80,000.00 

10,000.00 

50,000.00 



80,027,006.88 



4,175,600.00 



84,202,006.88 



400,000.00 

250,000.00 

1,750.00 

. 16,600.00 

1,214,067.65 



1,882,887.66 



2,102,896.86 



8,964,784.01 



88,187,890.84 



Dividend 
Received. 



$1,000.00 



807.50 



Valuation. 



652.00 



160,968.48 



107,580.57 



$16,128,006.64 



,207,886.16 



268,566.05 



100.80 



16,181.82 



16,282.12 



12,600.00 



L12 



297,890.17 



17,885,889.80 



1,811,970.99 



1,656,784.92 



8,468,766.91 



20.801,145.71 



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184 



N. C. CORPORATION COMMISSION. 



B0VD8 OWVED. 
A. RAILWAY BONDS. 



Name. 



Par Value. 



I. 
Alabama Central R.R.lncorp. bonds and scrlp.- 

DanvlUe and Western Railway Co 

Elberton Air Line R. R.Co 

High Point, Randleman.Ashboroand Southern R.R 

North Carolina Midland R.R.C0 — 

Piedmont R.R. Co 

Piedmont R.R. Co _ 

Southern Railway Co. in Kentucky 

Southern Railway Co. In Mississippi 

Western North Carolina R.R.C0 

Washington, Ohio and Western R. R. Co 

Yadkin Railroad Co.— 

Blue Ridge Railway Co 

Franklin and Pittsylvania R.R.C0 

Hartweli Railway Co 

Lawrenoeville Branch R.R.C0 

United States Government bonds — . 



Southern Railway Co., Memphis Division, second 
mortgage 

Northern Alabama Railway, prior lien 

Northern Alabama Railway, general Hen 

Carolina Midland Railway, flrst mortgage 

Blackvllle, Alston and Newberry Railway _. 

Memphis and Charleston Railway 

Mobile and Ohio R. R., general mortgage 

Total _ 

II. i 

Miscellaneous securities In treasury unpledged 

III. ! 

Southern Railway Co. consolidated mortgaged per 
cent bonds in treasury , 1 



$1,855,275.00 

1,051,000.00 

160,000.00 

402,000.00 

801,000.00 

500,000.00 

600.000.00 

3,000,000.00 

200,000.00 

1,325,000.00 

225.000.00 

615,000.00 

100,000.00 

74,500.00 

^ 20,000.00 

80,000.00 

170,000.00 

1,600,000.00 
307,000.00 
982,000.00 
871,000.00 
140,500.00 
900,000.00 

7,949,500.00 



I 28,168,775.00 



562,300.00 



2,535.000.00 



Total I, II and III 

B. II. 
Miscellaneous securities in treasury unpledged 



Rate, 

Per 

Cent. 



26,266,075.00 



441,538.38>i 



Grand total j 28,7O7,608.83J^ 



5 
7 
6 
6 
6 
6 
6 
5 
6 .- 



Interest 
Received. 



Valuation. 



6 I 1, 

5 i 15,000.00 



5 1,000.00 

I i 

5 --I 

3 5,100.00 



5 

i 
5 1 15,350.00 I 

5 I 29.460.00 ' 

I ! 

4 L- 



4 ! 316,826.67 



872,736.67 $19,051,559.42 



20,347.38 504,828.1 



5i- 



2,585,000.00 



I 898,0^.05 22,091,887.«7 



I 



I 180.60 186,716.65 
I 398,264.66 I 22,278,104.82 



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80UTHBBN RAILWAY COMPANY. 



185 



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186 



N. C. CORPORATION COMMISSION. 



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SOUTHERN RAILWAY COMPANY. 



187 



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188 



N. C. COKPOBATION COMMISSION. 





SECAPITULATIOV BIHTAL8 PAID. 






Total rents for tracks 






$281,188.75 


Total rents for terminals ^ 






99,163.97 










Qrand total rents ^ 


880,297.62 







SMPL07EE8 AVD 8ALARU8— SUte of Vorth Carolina. 
ALL LINES OPERATED IN NORTH CAROLINA. 



Class. 


Number. 


Total 
Number 
of Days 
Worked. 


^ Total 
Yearly Com- 
pensation. 


Average 
DaUy 

Compen- 
saUon. 


Offlcers 


99 
189 
587 
180 
217 
121 
816 

91 
821 
261 
190 
1,211 
169 
148 
428 


29,827 
68,760 

161,581 
54,545 
63,966 
41,345 

105,000 
32,064 
87,486 
91,454 
68,860 

292,481 
67,185 
52,686 

148,752 


•86,707.68 
89,887.66 
179,559.91 
241,006.40 
117,760.72 
128,268.81 
152,469.74 
92,865.86 
183,185.44 
121,119.72 
82,792.44 
220,075.72 
89,809.65 
84,472.58 
158,686.12 


$2.91 


Station agents 

Other station men_. 

Englnemen 


l.iO 
1.11 
4.42 


Firemen 

Conductors __ ._ 

Other trainmen 


1.84 
3.10 
1.45 


Machinists - 


2.10 


Carpenters _. 


1.53 


Other shopmen _ _ _ 


1.82 


Section foremen _ _ 


1.81 


Other trackmen 


.75 


Switchmen, flagmen, and watchmen 


1.57 


Telegmph operators and dispatchers 


1.60 


All other employees and laborers 


l.OB 






Total [Including "General Officers "J -N.C 


4,523 1 1,850,281 


1,972,992.90 


1.46 


Total [excluding "General Officers'"] -N.C 


4,523 1 1,350,281 


1,972,992,90 


1.40 


Distribution of Above— 

General administration 


99 

1,688 

588 

2,197 


29,827 
420,411 
198,889 
701,654 


86,707.68 

888,102.92 

342,900.05 

1,160,282.26 


2.91 


Maintenance of way and structures 


.91 


Maintenance of equipment 


1.78 


Conducting ti'ansportation 


1.65 








Total [including "General Officer8"J-N.C. 


4,523 


1,850,281 


1,972,992.90 


L46 


Total [excluding "General Officers"]— N.C. 

Total [Including "General Officers "1— en- 
tire line 


4,523 
28,626 


1,860,281 
8,817,460 


1,972,992.90 
18,924,757.85 


1.46 
1.58 



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SOUTHERN RAILWAY COMPANY. 



189 



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1,047,878.27 
78,146.71 
400,206.11 




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104,190.85 
060,874.88 
255,000.00 
620,806.86 



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190 



N. C. CORPORATION COMMISSION. 



COKPABATIYE OBVIBAL BALAVCE SHEET— ContlBMd. 



June 80, 1901. 


LIABILITIES. 


June 80, 1902 


Year Ending June 80, 1902. 


Total. 


1 
Total. Increase. 


Decrease. 


$180,000,000.00 

4,896,900.00 

182,899,569.69 

5,156,048.51 

746,888.16 

356,070.82 

2,048,315.84 


CaDital stock — 


$180,000,000.00 

4,932,600.00 

136.568.997.64 






Mobile and Ohio Stock Trust Cert™ 
Funded debt . - 


$85,700.00 

» AAA 497 Oil 





Current liabilities- 


1 
6. 048. 149. 58 802. 101 . 07 




Accrued Interest on funded debt and 
accrued rentals not yet payable — 

Taxes accrued and not due 


776,711.49 

439,960.79 

1,488,569.17 

8,640.00 

25,140,000.00 
121,629.80 


29,878.38 
88,889.97 




Eleserve accounts 

Equipment sundry roads 


$609,746.07 


8,640.00 
25.532 200.00 






Outstanding securities of leasehold 




412,200.00 


39 900.44 Rundrv ftncounlR 


81,668.86 




1,200,000.00 

107,000.00 
75,000.00 

50,000.00 

4.637,258.71 

857,768,797.17 


Reserved for dividends 


1,200,000.00 


Unpaid balance purchase price of 
N. E. R. R. of Georgia. 


107.000.00 
50,000.00 


- — 




Unpaid balance on real estate ..— — 

Reserved to pay Venice and Caron- 
dolet bonds 


25,000.00 
50,000.00 


Profit and loss . _ » — 


6,510,894.88 


1,878,641.17 




Grand total _ - 




862,188,152.85 


4,809,855.68 









Digitized by 



Google 



SOUTHERN RAILWAY COMPANY. 



191 



TBAFHC AHD MILEAGE STATISTICS- Statt of Vortli Carolina. 

OWNED LINES. 



Item. 



Number 
Passengers, 

ToDoage, 

and 

Car Mileage. 



Columns for Revenue 
and Rates. 



816,971 
81,252,764 
44,060 
38.45 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings _ 

Passenger earnings per mlleof road 

Passenger earnings per train mile _ 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles. 

Total freight revenue _. 

Average amount received for each ton of freight 

Average receipts per ton per mile _ 

Total freight earnings 

Freight earnings per mile of poad-__ 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation _ _. 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile ■ 

Car Mileage, Etc— 

Mileage of passenger cars ! 4, 161, 143 



Dollars. 



Genu 



MilU. 



I 



750,602 



«56,612 
1,848 

1 



2,898,101 
283,101,788 
399,112 
97.85 



2,769,865 



Average number of passenger cars per train mile. 

Average number of passengers per train mile 

Mileage of loaded ft^lght cars -north or east 

Mileage of loaded fk^lght cars -south or west 

Mileage of empty freight cars— north or east.. 



4.85 



14,951,767 
8,614,764 
1,062,479 



2,769,855 

8,904 

2 

3,741,768 

5,275 

1 

2,325,260 

8,278 

1 



I 



I 



91 
02 
08 
47 
11 



29 
18 
08 

01 
07 



12 
04 



876 
402 



584 



728 
978 



818 



867 



062 

774 



Digitized by 



Google 



192 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— State of Hortli CaroUnar-Contiautd. 



Item. 



Gas Mileage, Etc.— Continued. 

Mileage of empty freight cars— south or west -, 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of Ions of freight per train mile 

Average number of tons of freight per loaded car mile. 
Average mileage operated during year , 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



6,986,888 

28.22 

17.80 

5.92 

207.84 

12.01 

709.88 



Columns for Revenue 
and Rates. 



DoUar*. Cent* MUU. 



TRAFFIC AHD MILEAGE STATISTICS—Entire Lint. 



Passenqer Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 
Average distance carried _ -miles- 
Total passenger revenue 

Average amount received from each passenger. 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue.^ 



8,611,069 
427,841,217 
63,444 
49.69 



16,811,538 



Number of tons carried one mile... 2,678,308,627 



Number of tons carried one mile per mile of road ... 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile — 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per train mile 



397,162 
150.81 






9,601,960 ; 
1 



12,230,205 



1,818 ; 

1 ! 



24,942,450 
1 ' 



' 24,942,450 
' 8.606 



37,701,678 i 

' 1 I 



600 
244 



68 ; 

i 
81 



208 



365 
931 



14:^ 



Digitized by 



Google 



SOUTHERN RAILWAY COMPANY. 



193 



TRAFFIC AND MILEAGE STATISTICS— Entin Idno— Continved 



Item. 



Total Traffic— Continued. 

Operating expenses 

Operating expenses per mile of road.. 
Operating expenses per train mile.... 
Income from operation 



Income fkt>m operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded firelght cars— nortti or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight oars— south or west 

Average number of freight cars per train mile 

Average number of loaded cars per train mile<„ 

Average number of empty cars per train mile 

Average number of tons of flight per train mile 

Average number of tons of fk^ight per loaded oblt mile. 
Average mileage operated during the year 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



Dollara. 
25,025,444 

8,799 

1 

12,076,229 

1,790 



50,319,106 I 
5.06 ! 
86 
107,855,799 
90,256,256 
28,236,221 
42,586,245 



19.5: 
14.41 
5.16 
195.31 
13.55 
6,748.61 



•N- 



CentslMHU. 



Ill 
96 
00 I 
08 I 
77 



-13 



Digitized by 



Google 



194 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC KOyEKEVT-Stott of Vorth CuroUna. 
ALL LINE8 OPERATED IN NORTH CAROLINA. 



Commodity. 



Products of Aoriculturb— 

Grain „» 

Flotfr 

Other mill prodaots ... 

Hay..— 

Tobaooo 

Cotton 



Fruit and vegetabies. 

Melons 

Cotton seed 



Cotton-eeed meal, cake, hulls, and oil. 

Products op Animals— 

Live stock 

Dressed meats 

Other pcbcking-house products 

Poultry, game and fish .- 

Wool 

Hides and leather 

Products of Mines— 

Marble 

Anthracite coal 

Bituminous coal 

Ores 



Stone, sand and other like articles., 
Barytes, kaolin, and talc 

Products of Forest— 

Lumber and logs 

Charcoal 

Shingles, staves, and headings 

Manufactures— 

Petroleum and other oils 

Sugar and molasses 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 



Total 
Freight Tonnage. 


WhoU Ton^ 


PwCeni. 


02,022 


2.68 


90,787 


2.58 


44,712 


1.27 


14,66» 


.42 


81,220 


.89 


144,845 


4.11 


64.792 


1.84 


14,181 


.40 


12,966 


.87 


49,549 


L41 


15,789 


.45 


1,064 


.06 


29.485 


.84 


8,068 


.09 


2,658 


.07 


18,887 


.89 


0.512 


.27 


9,025 


.26 


774,718 


21.98 


5,719 


.16 


88,261 


.94 


52,564 


1.40 


29,776 


.84 


691,458 


19.62 


8,496 


.10 


16,052 


.46 


18,556 


.88 


18,057 


.87 


5,098 


.14 


109,041 


8.09 


189,801 


8.95 


21,4(<8 


.61 


44,548 


1.26 



Digitized by 



Google 



SOUTHERN RAILWAY COMPANY. 



195 



rSBiaHT TBAmO MOySUVT— Vorth CaroUaa— Contiamtd. 



Commodity. 



M ANUFACTUBBS—Oon tinned. 

Cement, brick and lime 

Agricultural implements 

Waffons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Manufactured tobacco 

Fertilisers 



Mbrchavdise— 

Merchandise 

Cotton ibetory products 

Cotton bagging and ties 

MlSCEIiliANBOUS— 

OthOT commodities not mentioned above.. 

Total tonnage— North Carolina 

Total tonnage— entire line 



Total 
Freight Tonnage. 



Whole 7Vm«. 
52,015 



7,470 
7,881 
12,509 
26,451 
24,925 

866,712 

181,748 

2,996 

151,950 



8,524,685 



16,^11,588 



Pw Cent. 
1.48 
2.68 
.21 
.21 
.85 
.76 
.71 

10.40 
6.16 
.06 

4.81 



100.00 



TAXES AVD ASSSSSMXHTS 07 ALL KIHD8. 

FOR REPORTING COMPANIES OWNED AND PROPRIETARY LINES. 





Ad Valorem 

Tax on the 

ValneofReal 

and Persdnal 

Property. 


Specific Tax. 


On 
Property 
Owned, 
notUsei 
in Opera- 
tion, and 
Miscella- 
neous. 


Internal 
Revenue 
U.S. Gov- 
ernment. 




State or Territory. 


On Gross 

or Net 
Earnings, 
Revenue, 
or Divi- 
dends. 


OnTrefflc 
or some 
Physical 
Quality 
of Prop- 
erty Op- 
ereted 
or on 
Privilege. 


Total. 


District of Columbia 


$3,960.47 

188,129.18 

206,764.81 

180,200.02 

182,076.46 

176,259.81 

89,980.73 

141,005.81 

28,489.21 

55,607.35 

82.281.90 










$8,960.47 
147,170.86 
222,601.88 
192,691.83 


Virginia 

North Carolina 

South Carolina 


$5,748.57 
5,301.07 


$416,50 

100.00 

2,315.00 


$1,019.50 

482.11 

5,060.31 


96,861.65 
7,958.39 
5,116.50 
4,645.24 
4,528.51 

821.48 
5,288.70 
2,021.43 
1,806.98 

819.70 


Georgia.. 

Alabama 

Mississippi 1 

Tennessee 

Kentuclcy 

Indiana 





186,721.70 
186,825.48 
47,099.84 
150,849.01 
82,879.96 
56,916.28 
84,101.60 


2,478.75 
6.297.68 
4,520.00 


8,058.86 
1,919.82 


TlllnnlA 














Total 


1,182,795.20 1 11,044.64 


16,127.88 


11,589.60 


89,810.58 


1,210,817.85 



Digitized by 



Google 



196 



N. C. CORPORATION COMMISSION. 
DE8CBIPTI0V OF EQUIPMENT. 





No. 
Added 
Dur- 
ing 
Year. 


Total 

No. 

at End 

of 
Year. 


Equipment Fitted 
With Train Brake. 


Equipment Fitted with 
Automatic Coupler. 


Item. 


No. 


Name. 


No. 


Name. 


Locomotives Owned & Leased 














Passenger 


10 


259 


259 


Westingh'se- 


250 


M.C.B. stand 


Freight 

Switching— 


25 


598 


598 


do 


598 


Do. 




73 


72 


do 


78 


Do. 


Narrow gauge ;_— 


7 




do .._. 







Total locomotives In sei^ 
vice. 


35 


937 


929 


930 


Do. 


Less locomotives leased „ 


35 


168 


168 


-do 

do 


168 


Do. 


Total locomotives owned 




769 


761 


762 


Do. 








Cars Owned and Leased— 












In Passenger Service : , 




. 










First-lass cars 


30 


320 
107 


318 
IttJ 


Westingh'se. 
— do 


318 
103 


M.C.B. stand 


Second-class cars 


Do. 


Ck>mbination cars 


7 


116 


112 


— do 


112 


Do. 


DlnlnfiTcars 




13 


13 


do - _ 


13 


Do. 


Bag., express and postal cars. 


6 


226 


226 


. _do 


226 


Do. 


do 




Total 


48 


782 


7T2 


772 


Do. 


In Freight Service- 














Box cars - , 


1,681 
101 


16,871 

2,965 

761 


15,365 


do 


16,830 


Do. 


Flat cars 


2,249 
667 


. do 


2,879 


Do. 


Stock cars 


150 




761 


Do. 


Coal cars 


1,(»5 


18,263 


11,859 


.-.do 


13,263 


Do. 


Refrlfirerator oars — — 


50 


201 


201 


— do— _. 


201 


Do. 


Other cars in freight service- 


50 


180 


180 


do 


180 


Do. 


do 




Total -:.. - 


8,097 


34,241 


30,521 


34,114 


Do. 


In Company's Service— 








OQlcers' and paj cars 


1 


18 


18 


—.do 


18 


Do. 


Derrick cars and tools 




107 


57 


do 


107 


Do. 


Caboose cars 


10 


441 


88 


do 


440 


Do. 


Other road cars 


1 


602 


58 


do 


600 


Da 


Excursion cars 





8 


8 


-w..do . 

—do 


8 


Do. 


Total 


12 


1,176 


178 


1,173 


Do. 


Total cars In service . 


3,128 


36,199 


31,471 


86,050 


Do. 


Less cars leased . 


8,068 


9,886 


9,795 


do 


9,836 


Do. 








Total cars owned 


45 


26,363 


21,676 


26,225 


Do. 







Digitized by 



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SOUTHERN RAILWAY COMPANY. 



197 



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Digitized by 



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196 



N. C. CORPORATION COMMISSION. 
DESCBIPTIOV OF EQUIPMENT. 





No. 

Added 
Dur- 
ing 

Year. 


Total 

No. 

at End 

of 
Year. 


Equipment Fitted 
With Train Brake. 


Equipment Fitted with 
Automatic Coupler. 


Item. 


No. 


Name. 


No. 


Name. 


Locomotives Owned & Leased 














Passenger 


10 


250 


250 


Westingh'se- 


250 


M.C.B. stand 


Freight 


25 


598 


598 


do 


508 


Do. 


Switching 




73 


72 


„__do 


78 


Do. 


Narrow crauffe 




7 


















do ._. 






Total locomotives in sei^ 
vice. 


85 


937 


929 


930 


Do. 


Less locomotives leased .. 


36 


168 


168 


— do 

. _.do 


168 


Do. 


Total locomotives owned- 




760 


761 


762 


Do. 








Cabs Owned and Leased— 












In Passenger Service : , 




« 










First-class cars 


30 


320 


318 


VVestlngh'se- 


318 


M.C.B. stand 


Second-class cars 




107 


103 


....do_ 


103 


Do. 


Combination cars 


7 


116 


112 


....do 


112 


Do. 


Dining cars 




13 


13 


do- „ 


13 


Do. 


Bag., express and postal cars. 


6 


226 


226 


do 

..„do 


226 


Do. 


Total 


48 


782 


772 


772 


Do. 


In Freight Service- 














Box cars 


1,681 
101 


16,871 

2,965 

761 

18,263 


15,365 1 do 


16,830 

2,879 

761 

13,263 


Do. 


Flat cars 


2,249 

667 

11,850 


....do 


Do. 


Stock cars 


150 
1.065 


do 


Do. 


Coal cars 


....do 


Do. 


Refrigerator cars 


50 


201 


201 


....do 


201 


Do. 


Other cars in freight service.. 


50 


180 


180 


....do 


180 


Do. 


....do 




Total ^r — 


3,097 


34,241 


30,521 


34,114 


Do. 


In Company's Service— 














Oflicers' and pay cars 

Derrick cars and tools 


1 


18 


18 


do 


18 


Do. 




107 


57 


do 


107 


Do. 


Caboose cars 


10 


441 


88 


do 


440 


Do. 


Other road cars 


1 


602 


58 


do 


600 


Da 


Excqrsion cars 





8 


8 


do 

....do , 

do 


8 


Do. 


Total 


12 


1,176 


178 


1,173 


Do. 


Total cars In service 


3,128 


86,199 


31,471 


86,050 


Do. 


Less cars leased — 


8,088 


9,886 


9,795 


do 


9,836 


Do. 




„ do 




Tntnl nArnnxpnAd 


45 


26,363 


21,676 


26,225 


Do. 









Digitized by 



Google 



SOUTHERN BAIIWAY COMPANY. 



197 



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198 



N. C. CORPORATION COMMISSION. 



XILEAGX— Contiaved. 
MILEAGE OF LINE OWNED BY STATES (SiNGLB TRACK). 



State or Territory. 



Line Represented by 
Capital Stock. 



Main 
Line. 



Brancties 

and 

Spurs. 



Total 
Mileage 
Owned. 



New 

LineOon- 

structed 

During 

Year. 



Rails. 



Iron. 



Steel. 



District of Columbia 

Virginia 

North Carolina 

South Carolina 

Georgia.... ' 

Alabama ...... - 

Mississippi 

Tennessee 

Kentucky 

Indiana 

Illinois 

Total mileage owned (sin- 
gle track) 



416.85 
289.70 
822.20 
478.80 
612.46 
213.20 
382.87 
80.12 
116.27 
146.77 



.22 
206.50 
348.05 

85.08 
182.86 
198.07 

60.77 
18S.&1 

42.71 

95.10 
8.00 



.22 
622.85 
588.65 
357.28 
461.66 
810.53 
272.97 
57L41 
122.88 
211.87 
154.77 



29.48 
18.18 



11.68 
27.15 

.58 I 
8.37 I 
22.94 
11.56 






3,008.74 



1,365.80 



4,874.54 



42.66 



77.28 



.22 
6U.17 
561.50 
357.28 
061.06 
807.16 

250. oa 

559.85 
122.88 
211.87 
154,77 



4,297.26 



CAB miiEAGB. 



Name of Owner. 



Acme Brewing Co 

American Cotton Oil Co 

American Live Stock Transportation Co 

American Refrigerator Transportation Co 

American Cereal Company Despatch 

American Fast Freight Line 

American Car Co 

Anglo-American RefHgerator Car Co 

Arms Palace Horse Car Co 

Armour Car Lines 

Alabama Cotton Oil Co 

Atlantic Cotton Oil Co 

American Tank Line 

Arbuckles' Ariosa Despatch 

American Oil Works 

Barney A Smith Car Co 

Brill Company, J. G 

Burton Stock Car Co 

Big Creek Lumber Co 



Description. 



Rate. 



Amount. 



RefHgerator 

Tank 

Stock 

RefHgerator 

Box I 

Box j 

Box 

Refrigerator 

Stock 

Refk-igerator and stock 

Tank I 

I 
Tank | 

Tank 

Box , 

Tank 

Flat 

Flat... 

Stock 

Flat 



% 
6-10 

% 
6-10 

% 
6-10 

% 
6-10 

% 
% 

% 
6-10 

% 

% 

6-10 

ft-10 

ft-10 



185.28 

4.406.70 

99. 5» 

1,001. IS 

.61 

104.92 

53.00 

878.06 

468.63 

32,907.62 

62.00 

136.62 

176.82 

227.06 

4.18 

610.05 

8.78 

196.89 

8.74 



Digitized by 



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SOUTHERN RAILWAY COMPANY. 



199 



CAB MILIAaE— CoBtimued. 



Name of Owner. 



Backeye TmnsportaUoii Co.. 

Booth A Company, A 

Blue Line 



Ganda Cattle Car Co 

Central Equipment Co 

Chmriotte Oil and FerUllxer Co 

Chicago ReMgerator Car Co 



Chicago, New York and Boston ReMg. Car Co — 

Cleveland Provision Co 

Cold Blast Transportation Co 

Commerce Despatch Line 

Consolidated Cattle Car Co 

Continental Fruit Express 

Craig Oil Co 



Cudahy Milwaukee ReMgerator Line 

Cudahy Refrigerator Line 

Colmnbia Chemical Co 

Cedar Rapids RefMgerator Express 

Crystal Oil Works 

Chicago and Central Olilo Coal Co 

Columbia Refining and Manufietcturlng Co.. 
Canfleld Cotton Oil Co 



Cudahy A Company, John 

Chatham Coal and Iron Co 

Crocker Chair Co 

Dairy Dealers Despatch 

Dold Packing Company, Jacob 

Dairy Shippers Despatch 

Deering Harvester Co 

Eagle Cotton Oil Co _* 

Empire Line 



Express Coal Line 

Fairbanks A Company, N. K 

Florida Naval Stores and Commission Co.. 

Fairmont Coal Mine Co 

Fowler, L W 

Freedom Oil Works 

Gate City OU Co 

Globe Refining Co 



Description. 



Tank 

RefMgerator... 

Box 

Stock 

Box 

Tank 

Refrigerator... 
RefMgerator.. 

Box 

RefMgerator... 

Box 

Stock 

RefMgerator 

Tank 

RefHgerator.. 
Refrigerator.. 
Tank 



Refrigerator.. 

Tank 

Coal 

Tank 

Tank 



Refrigerator.. 

Coal 

Box 

RefMgerator.. 
RefMgerator.^ 
Refirigerator.. 

Box 

Tank 

Box 

Box and coal. 
Refirigerator.. 

Tank 

Coal 

Box 

Tank 

Tank 

Tank 



Rate. 



% 

% 

fr-10 

6-10 

6-10 

% 

Va 

% 

6-10 

Va 

% 

6-10 



% 



ft-10 
% 
% 
% 

6-10 

6-10 
% 
% 
% 

6.10 
% 

6-10 
% 
Va 
% 

6-10 

% 
% 
% 
Va 



Amount. 



18.12 

86.14 

8.10 

196.84 

89.88 

218.97 

2.03 

181.28 

6.88 

575.17 

818.76 

135.66 

8,419.12 

25.54 

830.98 

616.28 

.27 

1.50 

4.48 

5.44 

83.19 

7.17 

18.25 

36.93 

1.06 

168.01 

258.55 

937.40 

5.73 

161.19 

1,785.25 

9,706.06 

27.84 

18.84 

89.21 

I 

2,952.85 

2.21 

876.60 

1,016.62 



Digitized by 



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200 



N. C. CORPORATION COMMISSION. 



CAB MILEAGE-Continned. 



Name of Owner. 



Glesenkamp Carriage Co 

Gelser ManafocturlDg Co 

German-Amerloan Reflrlgerator Line , 

Hammond Reflrlgerator Line 

Harrison Brothers <& Co 

H. Alfray Heading Factory 

Healy, C. J _ 

Iroquois Line 

Independent Refining Co 

Iron Belt Railway and Mining Co 

Illinois Sugar Refining Co 

Indianapolis Brewing Co. Refrigerator Line. 

Jackson & Sharp Co 

Kansas City Refrigerator Car Co _ 

Kentucky Refining Co 

Keystone Live Stock Express 

Klngan Refrigerator Line , 

Kingman A Co 

Kentucky Oil Supply Co 

Llbby, McNeill A Llbby Refrigerator Line— . 

Lima Locomotive and Machine Works 

Llpton Car Lines 

Live Poultry Transportation Co 

Louisville Cotton Oil Co 

Louisville Packing Co 

Lake Carriers Oil Co 

Lawler & Cherry Tank Line 

Lackawanna Live Stock Transportation Co.. 

McCaw Manufacturing Co 

Mansur & Tlbbetts Importing Co 

Mather Horse and Stock Car Co 

Merchants Despatch Transportation Co 

Morris A Company, Nelson 

Missouri Car Storage and Repair Co. 

Mann Brothers 

Montana Coal and Coke Co 

McCoy's Herraetlcal Seal Co 

Merchants and Planters Oil Co 

Mengel Box Co 



Description. 



Box. 

Box.. — 

Refrigerator 

Refrigerator—.. 

Tank 

Flat 

Refrigerator-... 

Box 

Tank 

Coal 

Tank 

Refrigerator 

Flat 

Refrigerator.--. 

Tank 

Stock 

Refrigerator..-. 

Box 

Tank 

Refrigerator 

Flat 

Refrigerator.—. 

Stock 

Tank 

Refrigerator.... 

Tank 

Tank 

Stock 

Tank 

Box 



Rate. 



Stock 

Box and refrigerator.. 

Refrigerator 

Box 

Box 

Coal 

Tank 

Tank 

Box 



6-10 
&-10 

% 

% 

6-10 

% 
6-10 

Ya 
% 
Va 
Va 
6-10 

% 

% 

6-10 

Va 
6-10 

Va 

Va 

6-10 

Va 
6-10 

Va 
Va 
Va 
Va 
6-10 

Va 
6-10 
6-10 

e-10,% 

Ya 
6-10 
6-10 
6-10 
ft-10 
6-10, 5i 
6-10 



Amount. 

fL6S 

25.08 

23L<il 

1,841.53 

5.90 

7.12 

1.21 

10.48 

4.42 

104.50 

12.67 

9.86 

43 43 

383.80 

323.44 

24.02 

625.07 

.66 

L29 

23.58 

81.65 

1,521.46 

813.81 

38.50 

9L87 

21.48 

6.64 

18.74 

517.48 

2.88 

485.15 

1,826.26 

118.60 

20.80 

.52 

74.60 

24.52 

9.06 

7.49 



Digitized by 



QyOO'^^ii 



SOUTHERN RAILWAY COMPANY. 



201 



CAB MILEAGE— Contimmed. 



Name of Owner. 



Nasbville Packing Co 

National Despatch Line 

National Rolling Stock Uo 

North and South Rolling Stock Co 

National Carbon Co 

Omaha Packing Co 

Paragon Refining Co 

Portner Brewing Company, Robert 

Provision Dealers Despatch 

Produce Shippers Despatch 

Pittsburg Plate Glass Co j 

Pease, F. M 

Record Oil Co 

Railway Car Association Refrigerator Line 

Red Line Transit Co 

Rock Hill Buggy Co 

St. Charles RefMgerator Despatch 

St. Louis Refrigerator Car Co 

Santa F'e Fruit and Reflrlgerator Line _. 

Southeastern Line _. 

Southern Freight Line _ 

Southern Iron Car Line _ 

Southern Cotton Oil Co - 

Southern Despatch Lumber Line 

Southern Oil Tank Line — 

Southern Roofing and Manufacturing Co 

Street's Western Stable Car Line 

Swift's RefHgerator Line 

Shatter Company, S. P — 

Southwestern Chemical Co 

Southern Oil Co ^ 

St. Louis Car Co 

Special Freight Despatch 

Swift's Livestock Express 

Standard Butterine Refrigerator Express 

Southeastern Despatch 

Smith, O. A., Rooflng and Cont. Co 

Tennessee Copper Co ._ 

Trinity Cotton Oil Co _ 



Description. 



Refrigerator 

Box — 

Box and refrigerator 

Tan k 

Refrigerator 

Tank 

Refrigerator 

Refrigerator 

Refrigerator 

Box 

Box 

Tank 

Refrigerator 

Box 

Box _ 

Refrigerator 

Refrigerator 

Refrigerator 

Box _ 

Box 

Box, coal, flat 

Tank 

Box, flat, refrigerator... 

Tank 

Tank 

Stock 

Refrigerator , 

Tank 

Tank 

Tank 

Box 

Box 

Stock 

Refrigerator 

Box 

Tank 

Coal 

Tank 



% 
6-10 
6-10 
6-10,^ 

H 
% 
'% 



Rate. 



Amount. 

18.48 
99.11 
7.22 
1,464.02 
14.27 
161.98 
6.77 



% 


524.52 


% 


1,812.87 


6-10 


5.97 


6-10 


677.66 


% 


78.00 


% 


1.29 


6-10 


.62 


% 


7.15 


% 


20.64 


% 


1,906.92 


% 


218.28 


% 


4,49L37 


% 


529.12 


Va 


34,589.65 


% 


1,564.91 


Va 


1,500.27 


Ya 


157.50 


% 


47.00 


6-10 


285.81 


% 


15,180.56 


Va 


202.76 


Va 


87.02 


Va 


.58 


6-10 


16.66 


6-10 


66.87 


6-10 


7.06 


Va 


87.86 


6-10 


4.02 


% 


118.61 


6-10 


24.32 


Va 


1.12 



Digitized by 



Google 



204 



N. C. CORPORATION COMMISSION. 



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ATLANTA AND CHARLOTTE AIR LINE RAILWAY COMPANY. 205 



RECAFITULATIOff. 

FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Account 


Miles. 


Amount. 


Capital stock 

Bonds 


$1,700,000 
5,500.000 


All 

All 


288.17 
268.17 


16,389 
20,510 








Total 


7,200,000 




26,849 











IHCOMI ACCOUVT. 



Income from lease of road. 




$470,500.00 


Salaries and maintenance of organisation 


$4,000.00 
847,600.00 




Interest on funded debt 








Total deductions — 




351,500.00 








Net income _. 


119,000.00 


Dividends, 7 per cent on common stock 




119,000.00 









OPEBATIOV. 



Gross earnings Arom operation— N. C 

Operating expenses, including taxes— N. C-. 



$486,286.22 
824,094.79 



BSCAPXTULATIOH OF IXPSNSBS. 



Maintenance of way and structures 

Maintenance of equipment _^. 

Conducting transportation j 

General expenses 

Grand total , 

Percentage of expenses to earnings— entire line 

Opbratino Expbjcses— State op North Carolina- 

Maintenance of way and structures 

Maintenance of equipment ^ 

Conducting transportation -. 

General expenses ^ 

War revenue — '. 

Taxes 

Total L 

Percentage of expenses to earnings— North Carolina 



$879,091.44 

890,112.24 

1,086,817.74 

06,615.79 



1,938,637.21 
66.68 

60,654.61 
62,737.97 
173,890.84 
10,fl32.2» 
322.29 
15,856.88 



324.091.79 
OB. 65 



Digitized by 



Google 



206 



N. C. CORPORATION COMMISSION. 



EARVIVM ?BOM OPEEATIOV— Vorih CaroUaft. 



Item. 



PABSEirGBR— 

Passenger reveDue 

Less repayments- 
Tickets redeemed 

Excess flkres reftinded 

Other repayments 

Total dedactions 

Total passenger revenue 

MaU 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Fbbight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 



Total deductions 

Total flreight revenue 

Total flreight earnings — 



Othkb Earnings fbom Opbrajion— 
Switching charges— balance 



Hire of equipment-balance 

Bents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings ftom operation— N. C 

Total gross earnings ftom operation— entire line 



Total 
Receipts. 



$m,e68.06 



900,687.41 



Deductions. 

Account of 

Repayments, 

etc. 



S664.47 



661.47 



7,327.28 



7,827.28 



Actual 
Earnings. 



$186,998.61 

41,601.06 

9,928.45 

1,825.66 

284.29 



190,587.51 



296,810.18 



298,810.13 



484.40 

249.74 

487.56 

1,216.86 



486,286.22 



2,929,825.87 



Digitized by 



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ATLANTA AND CHARLOTTE AIK LINE RAILWAY COMPANY. 207 



TRAPnC AVD MILBAU 8TATI8TI08— latire Line. 



Item. 



PA88BNOBR TRAFFIC— 

Number of passengen carried earning Tevenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 
Average distance carried ■■,■„ miles.. 



Total passenger revenue.. 



Average amount received ftom each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of ft«ight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 



Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings ftom operation 

Qross earnings trom operation per mile of road ... 

Gross earnings from operation per train mile 

Operating expenses , 

Operating expenses per mile of road 

Operating expenses per train mile 

Cab Mileage, Etc— 

Mileage of passenger cars 



Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty fteight cars— north or east. 

Mileage ol empty fireigbt oars— south or west 



Number 
I^assengers, 
Tonnage 
and Car 
Mileage. 



585,048 
86,822,065 
185,006 
02.06 



1,219,884 
160,817,150 
681,107 
187.27 



5,161,285 

6.05 

48 

9,409,764 

5,846,421 

579,968 

2,952,748 



Revenue and Rates. 



DoUan. 



OentM 



882,695 

1 



1,170,126 

4,849 

1 



1,744,760 

1 

1,744,709 

6,485 

2 

2,929,825 

10,889 

1 

1,968,687 

7,261 

1 



MiUt, 



292 



699 
189 



092 
027 



876 



174 



206 
806 



Digitized by 



Google 



208 



N. C. CORPORATION COMMISSION. 



TBAFFIC AND MILEAOE STATISTICS— Entire Line— Continned. 



Item. 



Car Milbaoe, Etc.— Continued. 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of flreight in train 

Average number of tons of flight in each locided car.. 
Average mileage operated during year 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 


Revenue and Rates. 


28.08 

18.72 


Dollars, 


OenU 


MUU. 


4.31 






207.19 

11.07 

269.01 










BEVTAL8 PAID. 

RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property | Name of Company 

Leaded. ;OwningProperty Leased. 


Item. 

»1,871,28 
6,750.00 
7,778.68 
1,835.20 
6,000.00 


Total. 


Tracks 


Shelby to Lawndale a.n.A(Ja.ExtensionR.R. 






Atlanta, Ga _. 

Atlanta, Ga 


N.C.&St.L.R.R 

Georgia Railroad 

C. ofGa. Railway 

Clifton Mfg. Co.- 






Atlanta, Ga 






Clifton & Converse, S. C. 




Total- — 




924,235.16 


Terminals 


Atlanta, Ga 


Union Passenger Sta 




900.00 












Tot^l 


900.tX> 










Qrand total rents- 


25, 185. 16 






' 





MILEAGE. 
MILEAGE OF LINE OPERATED BY STATES (Single Track). 



State. 


^r^en^' Line 
MkliT I Trackage 


Total 

Mileage 

Operated. 


Steel 
Rails. 


North Carolina 


48.16 


48.16 
124.90 
100.94 


43.16 


South C-arolina , . . 


124.90 


124.90 




100.11 .88 


100.11 


Total mileage operated (single track) 


f68.17; .88 


269.00 


268.17 







Digitized by 



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ATLANTIC AND YADKIN RAILWAY COMPANY. 



209 



Atlantic and YadKiO Railway Company. 



OPFICERS. 



Tiile. 



Name. 



LK>cation of Office. 



Raleigh. N.C. 
Washington, D.C. 



President A. B. Andrews 

Vice-President ...J W. W. FInley 

Secretary _ _.__ H.W. Miller.... j Ralelgh,N.C. 

Treasurer H.C.Ansley.. ' Washington, D. C. 

Auditor _ • A.H. Plant Washington, D.C. 

General Manager F.S. Gannon 



Washington, D.C. 



DIBECTORS. 

J. Van Lindley, Greensboro, N. C; J. W.Vry, Greensboro, N. C; C. H. Ireland, Greensboro, 
N. C; B. Frank Mebane, Spray, N. C; M. H. Cone, Greensboro, N.C.; H. W. Miller. Raleigh, N. C. 
Expiration of term, November 26, 1902, or until their successors are appointed. 



PROPEBTT OPERATED. 



Name. 



Atlantic and Yadkin Rwy. 
Atlantic and Yadkin Rwy. 



Terminals. 



F'rom- 



To— 



Saqford, N.C Mt. Airy, N.C... . 

. Ramseur ' Climax 

Stokesdale ; Madison 

j Gulf BuflT Quarry 

I Greensboro \ Proximity Mills , 

I Mt. Airy Granite Quarry ._ 



Total- 



I Miles of 
Line for 
Each Road 
! Named. 



18.74 
11.89 
.05 
2.02 
2.02 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



130.05 



84.22 



166.17 



COST OF ROAD, EQUIPMEVT, AVD PERMA5SVT IHPROTEHEHTS. 



Item. 


Total cost to 1 p^. p_, w||_ 
June 30. 1902. ! ^^^ P®' **"^- 

i 


Total cost construction, equipment, etc _ 


12,500,000.00 $15,138.00 





-14 



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210 



N. C. CORPORATION COMMISSION. 



REOAPITULATIOH. 

FOR MILEAGE OWNED. 





Total 

Amount 

OutiitandlBg. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Road. 




Miles. 


Amount. 


Capital stock 


$1,000,000.00 
l,oOO,000.00 


All 


165. 17 M <v». no 


Bonds... _ 


All 


165.17 


9,081.00 








Total 


2,500,000.00 




165 17 


15,136.00 







CURREVT ASSETS AHD LIABILITIES. 



A.SSETS. 



Due from agents _ „ 

Due Arom solvent companies and individuals... 
Total— cash and current assets 

LIABILITIES. 

Wages and salaries 

Net traffic balances due to other companies 

Total— current liabilities.- ._ 

Balance— cash assets 



Amount 



S340.M 
81,095.10 



81.435.64 



338.47 
12,112.08 
12,450.50 



68,985.14 



INCOME ACCOUNT. 



Qross earnings trom operation 


«290,899,08 
196,154.55 




Less operating expenses .' 








Income from operation 




$04,744.48 
94,744.48 


Total income 






60,000.00 
15,374.68 


Deductions fhom Income— 

Interest on ftinded debt accrued 




Taxes 




Total deductions troxn. income 




75,374.68 




. 


Net income 


19,860.80 








Surplus from operations of year ending June 30, 1902 


19,869.80 
37,832.06 


Surplus on June 80,1901, [for entry on "General Balance Sheet," 
1901 Report.] 








Deductions for year 


3,216.72 









Surplus on June 30, 1902, [for entry on "General Balance Sheet"]. 


68,985.14 



Digitized by 



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ATLANTIC AND YADKIN RAILWAY COMPANY. 



211 



EABNIVG8 FROM OPERATION. 



Item. 



Pabsenobb— 

Passenger reyenue.. 

Less repayments 

Total deductions 

Total passenger revenue.. 
Mail 



Extra baggage and storage 

Other items 

Total passenger earnings . 
Frkioht— 

Freight revenue 

Less repayments 

Total deductions 



Total 
Receipts. 



966,701.50 



201,858.16 



Total fk^lght revenue 

Total freight earnings 

Total passenger and freight earnings 

Othsr Earnings from Operation— i 

Switching charges— balance ! 

Hire of equipments-balance | 

Rents from tracks, yards and terminals. j 

Rents not otherwise provided for 1 

Other sources | 

Total other earnings ' 

Total gross earnings from operation— N. C. 



Deductions. 

Account of 

Repayments, 



$47.92 



47.92 



496.91 



496.91 



Actual 
Earnings. 



$66,653.58 

11,578.80 

6,088.77 

1,075.64 

137.10 



85,488.89 



204,361.25 



204,361.25 



289,845.14 

388.76 

154.57 

9.00 

73.44 

433.12 



1,058.89 



290,899.08 



Digitized by 



Google 



212 



N. C. CORPORATION COMMISSION. 



OPERATIira EXFEVSES. 



Item. 



Amount. 



Recapitulation of Expenses— 

Maintenance of way and straotures 

Maintenance of equipment 

Conducting transportation 

General expenses _ 

Orand total 

Percentage of expenses to earnings— entire line 

Opbbating Expenses— State of Nobth Cabolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation _., 

General expenses „ 

Taxes— war revenue 

Total - 

Percentage of expenses to earnings— N. C— 



$50,384.2^ 
82,002.07 
»5,5I6.9» 
9,221.23 



196,154.55 
07.43 



50,384. as 
32,002.07 
95,546.90 
9,221.22 
15,374.68 



J 211,529.23 

72.72 



COMPABATIYE GENEBAL BALANCE SHEET. 



June 30, 1901. 


ASSETS. 


Year Ending June 30, 1902. 


Total. 


Total. 

$2,600,000.00 
81,435.64 


Increase. 


$2,500,000.00 
62.065.^1 


Cost of road 

Cash and current assets 

Grand total. 


. 


119,880.80 


2,562,065.84 


2,681,485.64 


19,860.80 




liabilities. 

Capital stock _ 

Funded debt. 




1,000,000.00 


1,000,000.00 

1,500.000.00 

12,450.50 

15,000.00 

53,985.14 




1,500,000.00 

9,283.78 

15,000.00 

87,832.06 




Current llablUUes 

Accrued Interest on funded debt not payable 

Profit and loss ._ 


13. 216. 72 
16,158.06 




Grand total 




2,562,065.84 


2,581,485.64 


19,369.80 



Digitized by 



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ATLANTIC AND YADKIN RAILWAY COMPANY. 



213 



TSAFFIC AHD ULEAOB STATISTICS. 



Items. 



PASSENOEB rBAFFIC— 

Namber of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 



Average amount received ftx)m each passenger. 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Fbeiqht Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

■* Number of tons carried one mile per mile of road 

Average distance haul of one ton miles- 
Total freight revenue 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



85,239.00 

2,581,662.00 

15,680.00 

80.29 



189,175.00 

9,066,520.00 

54,710.00 

47.77 



Average amount received for each ton of fk^ight 

Average receipts per ton per mile 

Total flight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation — -, 

Gross earnings ftom operation per mile of road 

Gross earnings ftom operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car MiiiRAGE, Etc— 

Mileage of passenger cars .._ 

Average number of passenger cars per train mile 

Average number of passengers per train mile 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty flrelght cars— north or east 

Mileage of empty freight cars— south or west 



350,740.00 
8.40 
24.00 
402,614 
863,850 
106,020 
171,181 



Revenue and Rates. 



Dollars. 



85,483 
517 



204,861.25 

1 



2(VI,861 
1,237 

1 

290,899 

1,761 

1 

196,154 
1,187 



OentB 



MUU 



196 
582 



865 



206 



984 
486 



187 
958 



Digitized by 



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214 



N. C. CORPORATION COMMISSION. 



TRAFFIC AVD MILEAGE STATISTICS-Contiiiiied. 



- Item- 


Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 


Revenue and Rates. 


Cae Mileage, Etc.— Continued. 

Average number of freight cars per train mile 

Average number of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of freight per train mile 

Average number of tons of fk^lght per loaded car mile. 
Average mileage operated during year 


8.89 
6.68 
2.86 
77.06 
11.80 
165.17 


DoUars, 


CenU 


MUU 
























Asheville and Spartanburg I^ailroad Company. 



DI&ECTO&S. 

H.W. Miller, Raleigh, N.C.; Charles McNamee, Asheville, N.C.; P. H.Haines. Winston, N.C.; 
J.H.McAden, Charlotte, N.C.; G.A.Mebane, Greensboro, N. C; Frank Ooxe, Asheville, N.C.; 
E. P. McKissick, Asheville, N. C. ; James Swann, New York City. Term expires when successors 
are appointed. 

' PB0PERT7 OPERATED^Bntire Line. 



Asheville and Spartanburg Railroad Arom Blltmore, N. C, to Alston, S. C.(mlles)- 
In North Carolina (miles) '_ 



133.90 
41.90 



CAPITAL STOCK 



Capital stock— common— number of shares authorised . 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 



10,500 

$100.00 

1,060,000.00 

1,060,000.00 



CUBBEVT ASSETS AED COST OF ROAD. 



Total cash and current assets 

Cost of construction 



1702, 2M. 64 
1,788,600.90 



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ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



215 



BECAPITI7LATI0V. 

FOR MILEAGE OWNED. 





Total 1 Apportionment. 


Amount Per Mile of Line. 


Account 


Amount 1 
Outstand- \ 

Ing. To Railroads. 


To Other 
Properties. 


Miles. 


Amount 


Capital stock 

Bonds 


$1,050,000 All-_ 

1,000,000 1 All 


None .-• 

None 


133.90 
188.90 


r,843 
7,409 








Total 


2,060,000 


138.90 


16.311 











TAXES. 



Taxes paid in North Carolina- 
Taxes paid in South Carolina . 



95,066.05 
'l5,277.85 



nrcoME ACcomiT. 



Qrom earnings from operation 

Less operating expenses ! 

Income from operation — 

Deductions from Income— j 

Interest on ftinded debt accrued -i 

Taxes __ 

Total deductions from income,.. 

Net Income 

Surplus tronk operations of year ending June 30, 1901 — 

Additions for year 

Surplus on June 30, 1902 [for entry on " General Balance Sheet "] 



8777,899.92 
509,962.00 



40,000.00 
20,368.40 



1207,487.92 



00,868.4a 



207,074.52 



213,811.01 
20,000.00 



440,885.5a 



ULSAGS. 

MILEAOE OF LINE OWNED BY STATES. 



State or Territory. 



North Carolina^ 
South Carolina.. 



Total mileage owned (single track). 



Line Represented by I 

Capital Stock. Total 

MRinTlne Branches i ^"^^^ 
MaInLlne.^„^j^p„„l 



41.90 
92.00 



41.90 
92.00 



Halls. 
Iron. Steel. 



41.90 
92.00 



133.90 



133.90 '.- 



188.90 



Digitized by 



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216 



N. C. CORPORATION COMMISSION. 



EABfflVGS FSOK OPERATIONS— Stete of north CaroliAft. 



Item. 



Total 
Receipt*. 



Deductions 

Account of 

Repayments, 

etc. 



Passenger— * 

Passenger revenue 

Leu repayments— 

Tickets redeemed- 

Excess fores refunded 

Other repayments 

Total deductions 

• Total passenger revenue.., 
Mail 



$75,8W.41 



$782.27 



782.27 



Express 

Extra baggage and storage 

Other items 

Total passenger earnings _ 

Freight^ 

Freight revenue— _ 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions _ 

.Total ft^lght revenue 

Total freight earnings 

Total passenger and freight earnings.... 
Other Earnings from Operations— 

Switching charges— balance _. 

Hire of equipment^balance 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings trom operation— N. C. 



168,879.44 ' 



6; 472. 09 



6,472.00 



I 



Total gross earnings fTom opemtion— entire 
line 



Actual 
Earnings. 



$75,112.14 


5,099.82 


5,067.53 


983.12 


116.99 


86,380.60 



162, 407. a) 



162,407.85 



24«,T76.»5 

232.51 
65.19 
as. 52 

809.86 



643.06 



249,420.06 
777,899.92 



Digitized by 



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/ 

ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



217 



OPBSATni« EZPBBBS8— Entirt line. 



Item. 



Recapitulation of Expen8e&— 

Maintenance of way and stractures 

Maintenance of equipment _ 

Conducting transportation 

General expenses «. 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures _. 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (Including war revenue) 

Total ___ 

Percentage of expenses to earnings— North Carolina . 



Amount. 



9121,490.86 
126,490.43 
240.088.07 
22,888.14 



a09,9a2.00 
65.60 



51,404.09 
64,8n.89 
95,040.80 
8,091.48 
5,086.05 



214,509.81 
86.04 



TRIFTIC AVO KILBAGE STATISTICS— Entire Line. 



Item. 



Passenger Traftio— 

Number of passenger carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received f^om each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total flrelgbt revenue 



Average amount received for each ton of freight- 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



I 



I DoUara. 

320,646 

10,267,866 j 

76,688 t 

82.02 



OnitM 



MiUt. 



227,502 



678,689 
50,580,521 
877,816 
75.09 



261,M5 I 
1,956 
1 



518,076 85 
1 7$ 



951 
216 



046 



159 



Digitized by 



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218 



N. C, CORPORATION COMMISSION. 



TSAPnC AKO MILEAGE STATISTICS— Entire Line— Contioned. 



Item. 



Fbbiqht Traffic— OonUnued. 

Average receipts per ton per mile 

Total ft^lght earnings _. _ 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation _ 

Gross earnings ftom operation per mile of road 

Gross earnings Arom operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Milkagb, E>rc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars—north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty flight cars— north or east 

Mileage of empty flrelght cars— south or west 

Average number ef ft^eight cars In train — ,._ 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of ft^lght in train 

Average number of tons of freight in each loaded car.. 
Average mileage operated during year 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



1,202,418 

5.88 

45 

2,825,814 

1,002,248 

226,148 

1,742,980 

15.49 
10.04 
5.45 
180.97 
18.95 
188.90 



Revenue and Rates. 



Dollars 



518.076 
8,881 

1 

777,399 

5,806 

1 

509,962 

8,806 



Cents 
01 
85 
79 
41 

92 
82 
82 

53 



Mills. 
014 



960 



403 



8.=>4 



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fflGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 219 



High Point, Randleman, Ashboro and Southero 
Railroad Connpany. 



OFFICERS. 



Title. 


Name. 


LK3catlon of Office. 


President 


A. B. Andrews 


Raleigh, N.C. 
Washington, D.C. 
Raleigh, N.C. 
Washington, D.C. 
Washington, D. C. 

'WnithlnirtAn. D. n. 


Vice-President - . 


W.W.Flnley 


Secretary — _ 

Treasurer. 

Auditor 

General Manager. - - - 


H. W. Miller 


H. C. Ausley 

A. H. Plant - -- 

F. S. Glannon 







DIRECTORS. 

R. F. Dalton, High Point, N. C. ; J. E. Cox, High Point, N. C. ; W. G. Bradshaw, High Point, 
N. C; S. Bryant, Randleman, N. C; A. C. McAllister, Ashboro, N. C; W. P. Wood, Ashboro, 
N. C. ; J. E. Walker, Ashboro, N. C. ; H. M. Worth, WorthvUle, N. C. ; A. B. Andrews, Raleigh, 
N. C; O. W. Carr, Trinity, N. C; W. H. Ragan, High Point, N. C; G. Rosenthal, Raleigh, N. 
C. ; P. H. Morris, Ashboro, N. C. Expiration of term November 25, 1902, or until their successors 
are appointed. 

PROPERTT OPERATED— North Carolina. 



High, Point, Randleman, Ashboro and Southern Railroad, ftt>m High Point to Ash- 
boro (mlle^) - - - - — - - 


26.80 






CURREVT LIABILITIES. 


Curtent liabilities 


1264,021.44 




RECAPITULATIOH. 

FOR MILEAGE OWNED. 


Account. 


Total 

Amount 

Outstanding. 


Amount Per Mile. 


Miles. 

26.80 
26.80 


Amount. 


Capital stock 

Bonds — 

Total cost of construction 


$250,000.00 
402,000.00 


10,828.00 
15,000.00 


652,000.00 
652,622.79 


26,80 
26.80 


24,828.00 
24.847.87 









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220 



N. C. CORPORATION COMMISSION. 



EABNING8 FROM 0PERATI0NS~8tat« of Vorth Carolina. 



Item. 



Passengers— 

Passenger i-evenue 

Less repayments 

Total deductions 

Total passenger revenue 

Mall 

Express 

Extra baggage and storage 

Other Items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments 

Total deductions 

Total freight revenue 

Total fk^ight earnings . 

Total passenger and freight earnings. 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment^balance _. 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C. 



Total 
Receipts. 



$14,487.74 



87,965.86 



Deductions. 

Account oi 

Repayments, 

etc. 



$4.32 
4.82 



10,063.70 



10,068.70 



Actual 
Earnings. 



S14,483.42 

2,028.52 

1,486.80 

91.60 

32.90 



18,121.38 



77,902,16 



77,902.16 



96.023.49 

3.30 
98.00 
57.71 



159.61 



96,188.10 



COMPARATIYB aSHERAL BALANCE SHEET. 



June 80, 1901. 


ASSETS. 


June 80, 1902. 


Year Ending June 30. 1902. 


Total. 


Total. 


Increase. 


Decrease. 


9882,822.79 
262,717.43 


Cost of road 

Profit and loss 


8652,522.79 
268.498.65 




S800.00 


8781.22 








915,540.22 


Grand total 


916,021.44 


481.22 






LIABILITIES. 

Capital stock ^ 

Funded debt 




250,000.00 
402,000.00 
268.^.22 


250,000.00 
402,000.00 
264,021.44 










Current liabilities 

Grand total 


481.22 





915,540.22 


916,021.44 


481.22 









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HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 221 



UlCOME ACCOUVT. 



Gross earnings from operation 

Less operating expenses ._ 


$90,183.10 
56,862.27 




Income Arom operation __ _ _ 


■ 


939,320.83 








Total Income 1 „ . * 


39,320.83 




24,120.00 
1.684.82 




Deductions fbom Income— 

Interest on flmded debt accrued 




Taxes , 




Total deductions from Income . '. 




25,804.82 








NftHnnomft _ _ 


13,516.01 








Surplus ftom operations of year ending June 80, 1902 — 


13,516.01 








Deficit on June 30, 1901 [for entry on ** General Balance Sheet "] 


282,717.43 


Deductions for year _ _ 


14,297.23 


Deficit on June 30, 1902 ,_ - „ 


263,498.65 







OPERATUra EXPENSES. 
Item. 

Recapitulation of Expenses— 

Maintenance of way and structures — 

Maintenance of equipment __ 

Conducting transportation 

General expenses 

Gmnd total 

Percentage of expenses to earn! ngG^-en tire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation ___ 

General expenses 

Taxes— war revenue^ 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$12,982.86 
7,992.20 
33,610.87 
2,277.34 



56,862.27 
59.12 



12,982.36 
7,992.20 

33,610.87 
2,277.34 
1,684.82 



58,547.09 
60.87 



Digitized by 



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i 



222 



N. C. CORPORATION COMMISSION. 



TBAFFIC AHD HILEAaE STATISTICS. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of pcuwengers carried one mile per mile of road 

Average distance carried 

Total passenger revenue « 

Average amount received ftom each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile — 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile _. 

Number of tons carried one mile per mile of road 

Average distance haul of one ton __ miles— 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile , 

Total freight earnings _- 

Freight earnings per mile of load _. 

Freight earnings per train mile 

Total Traffic— 

Gross earnings trom opeiFation 

Gross earnings trom operation per mile of road f. 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road — . 

Operating expenses per train mile .__ 

Car Mileage, Etc— 

Mileage of passenger cars ^ 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty ft^ight cars— north or east _. 

Mileage of empty freight cars— south or west 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



31,417 
581,987 
21,714 
18.52 



114,868 
2,781,981 
108,808 
24.83 



Revenue and Rates. 



Dollars. lOents 



14,488 



18,121 
OT6 



77,902 
2,906 



96,188 

8,588 

1 

56,862 

2,121 

1 



108,507 ^ 

4.21 

22 

136.796 

46,453 

2,182 

91,099 



77,902 j 16 



MilU. 



101 
489 



259 



118 
800 



601 



m 

217 



649 
724 



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NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



223 



TRAFFIC AffD MILEAGE STATISTICS— Continiied. 



Item. 



Namber 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



Car Mileage, Etc.— Continued. 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars In train 

Average number of tons of fk^ight in train 

Average number of tons of freight in each loaded car.. 
Average mileage operated during year 




North Carolina Midland I^ailroad Company. 



OFFICERS. 




Title. 


Name. 


Location of Office. 


President _ 


A. B. Andrews 


Raleigh, N.C. 


Vice-President 


W. W.Flnley 


Washington, D.C. 


Secretary . 


H.W.Miller 


Raleigh, N. C. 


Treasurer^.. _^._«».^^„ 


H.C. Ansley 


Washington, D.C. 
Washington, D.C. 


Auditor . 


A. H. Plant 


General Manager - 


F.S. Gannon 


Washington, D.C. 









ORGANIZATIOV. 

J. B. Vaughan, Winston, N. C; H. E. Fries, Salem, N. C; G. W. Hlnshaw, Winston, N. C; 
J. R. Mcl^llan, Mooresville, N. C. ; A. Leazer, MooresvlUe, N. C. ; F. M. Johnson, Farmington, 
N. C; J. W. Cannon, Concord, N. C; W. C. Wilson, Mocksville, N.C; A. B. Andrews, Raleigh, 
N. C. ; R. J. Reynolds, Winston, N. C. ; M. D. Bailey, Winston, N. C. ; J. W. Fries, Salem, N. C; 
H. W. Miller, Raleigh, N. C Expiration of term, November 12, 1902, or until their successors 
are elected. 



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224 



N. C. CORPORATION COMMISSION. 



PBOPERTT OPERATED. 



North Carolina Midland Railroad, Mooresvllle to Winston-Salem (miles). 



53.02 



CURRENT ASSETS AND LIABILITIES. 

LiabiUtles. 

Audited vouchers and accounts — 

Matured interest coupons unpaid (including coupons due July 1) — 
Total— current liabilities — 



Amount. 



$S01,428.01 
24,030.00 



325,458.61 



BECAPITULATIOET. 

FOR MILEAGE OWNED. 



Account. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 


Amount. 


Capital stock 

Bonds . 


$924,000.00 
801.000.00 


All 


53.62 
58.62 


$17,232.00 


All 


14,940.00 








Total 


1,725,000.00 




53.62 


32,172.00 









COST OF ROAD, CONSTRUCTION AND EQUIPMENT. 



Cost of road, construction and equipment, per mile $32,561.06 .„ 



$1,745,924.26 



INCMOE ACCOUNT. 



Gross earnings from operation 

Less operating expenses _ 

Income from operation > - 

Total income — _ 

Deductions from Income— 

Interest on funded debt accrued 

Taxes— made in report of Southern Railroad 

Total deduction from income 

Net income 1 

Deficit on June 80, 1901 [from "General Balance Sheet" 1900 Report] 

Deductions for year 

Deficit on June 80, 1902 [from entry on " General Balance Sheet"] 



$223,285.48 
147,835.06 



48,060.00 
2,078.95 



$75,450.45 



75,450.45 



50,138.95 



25,811.50 



312,788.66 



17,107.29 
804,534.35 



Digitized by 



Google 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



225 



EABVnrGS FBOM OPERATION. 



Item. 


Total 
RecelpU. 

$24,642.83 


Deductions. 

Account or 

Repa^^menu. 

124.89 


Actual 
Earnlugs. 


Passenger— 

Passenger revenue 




Less repayments 






--- 




Total deductions 

Total Dflssenirer revenue 


24.89 


824,617.94 


Mft^i 






2,828.72 


Express 






4,529.60 


Extra baggage and storage 






236.42 


Other items . -- 






104.05 










Total passenger f«rningfi.. ... . ., 


82,311.7a 


Freight— 

Freight revenue 

Less repayments - _ _ . - 


189.832.96 


116.23 










Total deductions 


116.28 




Total freight revenue 




189,716.78 




1 




Total freight earnings 


189,716.78 




I 




Total passenger and freight earnings. _ 


222,028.46 
1,008.82 


Other Earnings from Operation— 

Switching charges — ^balance 


1 


Rents not otherwise provided for 


1 


110.00 


Other sources 


1 


188.20 




1 




Total other earnings 


1,257.02 




1 




Total gross earnings fit>m operation — N.C— 


223,285.48 


Total gross earnings from operation— en- 
tire line 


1 


228,285.48 




1 





C0MPABATI7E GEffEBAL BALAKCE SHEET. 



Jane 80, 1901. 


ASSETS. 


June 80, 1902. 


Year Ending June 80, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


$1,745,849.26 
812,788.56 


Cost of road 


«1, 746, 924. 26 
301,534.35 


175.00 




Profit and loss — 


18,204.21 






2,066,587.82 


arAnd tAtAl 


2,050,438.61 




8,120.21 




._ _„. 




934,000.00 


liabilities. 
CapittU stock 


924.000.00 
801,000.00 
825,458.61 







801,000.00 


Funded debt ._ 

Current liabilities 




888,587.82 





8,129.21 






2,068,580.82 


Qmnd tntAl 


2,050,458.51 




8,129.21 







-16 



Digitized by 



Google 



226 



N. C. CORPORATION COMMISSION. 



OPEBATUra BXPEN8B8. 

Item. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Operating Expenses— State or North Carolina— 

Maintenance of way and structures 

Maintenance of equipment- 

Conducting transportation 

General expenses — 

Taxes— war revenue — _ 

Total 

Percentage of expenses to earnings— North Carollna-— 



Amount. 



$22,716.80 

90,086.24 

88,852.83 

6,679.16 



147,835.08 



22,716.80 

80,086.24 

88,832.83 

6,679.16 

2,078.95 



149,913.98 
67.14 



TRAFFIC AND MILEAOE STATISTICS. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings _ 

Passenger earnings per mile of road ___ 

Passenger earnings per train mile 

Freight Traffic—. 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue -.- 

Average amount received for each lou of freight 



Number j 
Passengers, I 

Tonnage, , Revenue and Rates, 
and Car 
Mileage. 



40,090 
925,469 
17,260 
23.08 



Dollars. 



Oent^ 



323,162 
15,252,359 
284,453 
47.20 



•24,617 



32,311 { 

602 i 



189,716 



MtUt. 



405 
66U 



990 



706 



Digitized by 



Google 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



227 



OPl&ATUra BXPEVSBS-Contiiiued. 



Item. 



Freight Traffic— Continued. 

Average recelpto per ton per mile 

Total freight earnings 

Freight earnings per mile of road _ 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings trom. operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses .._ 

Operating expenses per mile of road 

Operating expenses per train mile , 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars per train mile _. . 

Average number of passengers per train mile 

Mileage of loculed freight cars— north or east 

Mileage of loaded freight cars— south or west _. 

Mileage of empty fk^ight cars— north or east 

Mileage of empty freight care— south or west 

Average number of freight cars per train mile 

Average numl>er of loaded cars per train mile 

Average number of empty cars per train mile 

Average number of tons of A*eight per train mile — 
Average number of tons of freight per loaded car mile- 
Average mileage operated during year 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



DoUart. 



188.716 
8.588 



I 



10e,818 

2.30 
19 
198, 147 
772,374 
ftil.8l7 
42 459 
24.27 
14.24 
10.08 
223.71 
15.72 
53.02 



228,285 

4,164 ; 

1 
147.885 I 
2,757 i 

1 



CenU 
01 
78 
17 

78 

48 
22 



MiU» 
244 



084 



726 



Digitized by 



Google 



228 



N. C. CORPORATION COMOTSSION. 



North Carolina Railroad Company. 





0FFICEB8. 




TlUe. 


Name. 


Location of Office. 


President 

Secretary and Treasurer 




Hugh a. Chatham 


Blkln, N. C. 
Burlington, N. C. 











DIBECT0B8. 

R. F. Hoke, Raleigh, N. C; B. Cameron, Staggsvllle, N. C; H. W. Fries, Winston, N. C; 
Hugh O. Chatham, Elkln, N. C. ; L. Banks Holt, Graham, N. C. ; L. M. Mlchaux, Goldsboro, N. 
C. ; W. H, Williams, Newton, N. C. ; A. W. Graham, Oxford, N. C. ; V. E. Turner, Raleigh, N. C. ; 
8. C. Penn, Reldsvllle, N. C. ; C. M. Cook, Jr., Bessemer City, N. C. ; J. R. McLelland, Moores- 
vlUe, N. C; Hugh McRae, Wilmington, N. C. 





PBOPERTT OPERATED. 




Name. 


Terminals. 


Miles of 
Line for 


From— 


To- 


Each Road 
Named. 


North Carolina Railroad 


Goldsboro 


Charlotte 


222.44 


North Carolina Railroad 


Caralelgh Junction 


Caralelgh Mills 


1.90 








Total 






224.34 



RECAPITULATION 

FOR MILEAGE OWNED. 





Total 
Amount Out- 
standing. 


Apportion- 


Amount Per Mile of Line. 


Account. 


ment to 
Railroads. 


Miles. 


Amount. 


Capital stock 


$4,000,000.00 


All 


224.34 











Digitized by 



Google 



NORTH CAROUNA RAILROAD COMPANY. 



229 



LESSEES BEPORT OF OPERATIOETS. 



Item. 



Passknoer— 

Passenger revenue 

Lees repayments- 
Tickets redeemed ' 

Excess fores refunded 

Other repayments \ 

Total deductions 

Total passenger revenue 

Mall 

Express 



Extra baggage and stoi-age 

Other items 

Total passenger earnings 

Fbkight— 

Freight revenue 

Less repayments- 
Overcharge to shippers ] 

Other repayments J 

Total deductions 

Total freight revenue 

Total freight earnings 

Total pckssenger and freight earnings. 

Other Earnings from Operation— 

Switching charges— balance 

Rents troTO. traclcs, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings ftrom operation— N.C. 



Total 
Receipts. 



Deductions. 

Account or 

Repayments, 



8781,408.20 



1,786,828.71 



$2,724.58 



2,724,58 



40,717.11 



40,717.11 



Actual 
Earnings. 



|728.tf78.67 

151,H4o.»9 

56,988.10 

11,026.36 

1,275.65 



949,809.77 



1,746,106.60 



1,746,106.60 



2,605,916.87 

2,944.39 
1,212.98 
4,264.84 
5,765.08 
14,187.29 
2,710,108.66 



EENTALS BECEI7ED. 



Designation of Situation of Property 
Property. Leased. 


Name of Company Using 
Property Leased. 


Item. 


Total. 


Tracks Caraleigh Junction to 

Raleigh, N.C. 

1 Gholdsboro to Selma, 


R.andC.F.R.R 

A. C. Line. ,. — 


11,122.96 

42.00 
48.00 






Raleigh to Gary 


S. A. Line 


1,212.98 







Digitized by 



Google 



230 



N. C. CORPORATION COMMISSION. 



OPERATUra EXPEV8E8— State of North Carolina. 



Maintenance of way and stnicturee 

Maintenance of equipment 

Conducting transportation 

Oeneral ezpensecf 

War revenue 

Taxes 

Total _ 

Percentage of expenses to earnings— North Carolina. 



1 SUN), 065. 11 


,V,4, 


.■>8i..>S 


1,0CW.013.48 


«•-*, 


H90.72 


.> 


450. 9S 


58. 


•277. eo 


1,"IS, 


:Kf7.3» 




(«.41 



TRAFFIC AVD HILBAOE STATISTICS— Entire Line 



Item. 



Passenqer Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried _ miles. 

Tolal passenger revenue 

Average amount received troia each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road _.. _ 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton.. miles. 

Total flight revenue _ 

Average amount received for each ton of freight.. 

Average receipts per ton per mile __ 

Total fk«ight earnings 

Freight earnings per mile of road _ 

Freight earnings per train mile 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



7:»,889 
31,631,:^! 
140, 9«7 
4:j.31 



Revenue and Elates. 



Dollars. 



728.078 



.| 949,809 
-I 4,288 



1,980,600 
191,383,687 
853,097 
99.18 



1,746,106 



1.746,106 

7,783 
2 



(entt MUU 



67 

99 77S 
02 304 



I 



04ft 



m I 

90 I 4^ 
912 



679 



Digitized by 



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NORTH CAROLINA RAILROAD COMPANY. 



231 



TBAFFIC AVD MILEAGE 8TATI8TIG8--Eiitire Line— Continiied. 



Item. 



Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses _. _ 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars _ 

Average number of passenger cars In train 

Average number of passengers In train 

Mileage of loaded freight cars— north or east.. 

Mileage of loculed freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty flrelght cars— south or west 

Average number of freight cars In train. 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight In train 

Average number of tons of freight In each loaded car.. 

Average mileage operated during year 



Number 
Passengers, 
Tonnage 
and Car 
Mileage. 



Revenue and Rates. 



DoUara. 

2,710,108 

12,080 

1 

n,tt57,650 

7,880 

I 1 



4, 121, 



9,748, 

6,882, 

$42, 

2,606, 



422 
6.07 

47 
150 
610 
737 
986 

27.89 

28.69 

4.'20 I.. 
272.57 

11.51 
•224.34 



C€nla\MiltJt. 
66 j-- 
34 I 



96 j 
86 I 
0) j 
20 ' 



Old 






Digitized by. 



Google 



232 



N. C. CORPORATION COMMISSION. 



North and South Carolina I^ailroad Company. 





OFFICERS. 




Title. 




Name. 


Location of Office. 


President.- — - — _> _ 


A. B. Andrews - 


Raleigh, N. C. 


Secretary and Auditor _ - _ 


R, P.TArkford ,. 


New York, N. Y. 









DI&ECT0R8. 

A. B. Andrews, Raieigb, N. C; F. X. Burton, Danville, Va., John S. Cunningham, Cunning* 
ham, N. C; W. W. Finley, Washington, D. C; C. W. Johnston, Charlotte, N. C; J. M. Ncal, 
Danville, Va.; J. I. Pritchelt, Danville, Va.; S. Spencer, New York, N. Y. Expiration of term, 
November 27, 1902, or until their successors shall be elected. 



PBOPERTT OPERATED. 



From Virginia to Copper Mines . 



4.45 



CAPITAL STOCK. 

Capital stock — 

Capital stock per mile ._ 

Current assets 

Cost of road 



$50,000.00 
11.235.00 
80,752.99 

112,211.08 



nrCOME ACCOUKT. 

Gross earnings ftom operation.. _ 

lA}Ht operating expenses and taxes ($63.70) 

Increase from operation, June 30,1902 _ 

Surplus June 30, 1901 _ - 



$1,154.15 
828.46 



825.69 
1,182.40 



Digitized by 



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SOUTH CAROUNA AND GEORGIA EXTENSION RAILROAD. 



233 



South Carolina and Georgia Extension Railroad 

Company. 



OFFICERS. 



Title. 



President 

Vlce-Preeldent 

Secretary and Treasurer 



Oeneral Counsel . 



Auditor General — . 

.Superintendent _ 

General Freight and Passenger Agent .. 



Name. 



Samuel Hunt 

G. G. Haven, Jr 

C. L. T. Robinson 

Hornblower Byrne 

Miller & Potter 

W.D Gray 

A.Tripp 

E. H.Shaw __ 



LfOcatlon of Office. 



Cincinnati, O. 
New York. 
New York. 
New York. 
New York. 
Cincinnati, O. 
Blacksburg,8.C. 
Black8burg,S.C. 



PB0PEBT7 OPERATED. 



Marlon, N. C, to State Line, 8. C. (miles) 

Entire line— Marlon, N. C, to Camden, S. C. (miles main Une)... 
Blacksburg, S. C, to Gaffney, S. C. (miles branch) 



64.10 
171.30 
10.50 



CURREVT ASSETS AND UABILITIES. 



ASSETS. 


Amount. 


Cash - -- - 


186,089.1(5 
6,102.68 
9,484.07 


T^ue from agent-* . _ _ ^ _ ■ . 


Due ftom solvent companies and Individuals 






Total— cash and current assets 


61,675.91 


LIABILITIES. 

Audited vouchers and accounts | 

Wages and salaries / 

Net traffic b«lanr!e« due t-O other «nmpftn!e» , . _. 


19,619.26 
1,858.91 




Balance— cash assets 


80,197.74 


T"*" - 


51,675.91 



Digitized by 



Google 



234 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock 

Capital stock per mile __ _ 

Funded debt _ 

Funded debt per mile. — _ _ _. _ 

Construction and equipment _ 

Construction and equipment— North Carolina 

INCOME ACCOUNT. 

Gross earnings from operation I ftrro.ftW.ay 

Less operating expenses __ ' •234,fl22.S0 

Income from operation i 

Deductions from Income— 

Interest on ftinded debt accrued 40, 140.00 

Taxes.. __ \ 14,971.98 

Total deductions ft*om Income ^ 

Deficit 

Deficit from operations ofyear ending June 30, 1902 

Deficit on June 30, 1900 [from " General Balance Sheet," 1901 Re- 
port] -_ 

Deficit on June 80, 1902 [for entry on " General Balance Sheet"] 



rjOo,ooo.oo 

2,741.00 
1,092.000.00 

5,987.00 

1,592,000.00 

558,792.00 



S41.827.79 



64,111.98 



22,7*4.19 
22,784.19 

19.5.S2.94 



42,317.1 a 



EABNIN68 FROM OPERATIONS— North Carolina. 
Item. 



Passenger— 

Total passenger re venue _ _ 

Mall 

Express 

Total passenger earnings _— 

Freight— 

Total flreight earnings 

Total passenger and ft^lght earnings 

Other Earnings from Operation— 

Telegraph companies _.. _ 

Total gross earnings from operation— Xorth Carolina 
Total gross earnings from operation — entire line 



Total. 
Receipts. 



1,9^52.56 

;,3rt5.48 

316.57 



19,664.61 



56.5Q8.2& 



76,233.90 



220.09 



76, 
275, 



453.99 
950. 5» 



Digitized by 



Google 



SOUTH CAROLINA AND GEORGIA EXTENSION RAILROAD. 



235 



TEAPFIC AND MILEAQE STATISTICS-. Stote of Vorth Carolina. 



IU?m. 



Passenger TRArric— 

Number of passengers carried earrtlug revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried nille.s__ 

Total passenger revenue - — 

Average amount received from each passenger „ 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile — 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles— 

Total flrelght revenue _ 

Average amount received for each ton of freight 

Average receipts per ton per mile _ 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings ftom operation 

Gross earnings flpom operation per mile of road.-. 

Gross earnings fit>m operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Opemtlng expenses per train mile _ 



Numt>er 
^rSSf^f^r* 1 Columns for Revenue 

and^ I *"<^ ^^^• 

Oar Mileage. 



22.751 
o2r>,lU 
K,l»2 
23.08 



47,628 
2,024,458 
31,583 
42.51 



Dollars. 



15,982 



19,664 
906 



56,568 

1 



56,569 

882 

1 

76,468 
1,192 



Cents 



MUU. 



65,013 
1,014 



250 
044 



718 



778 
794 



354 



737 



•255 



Digitized by 



Google 



236 



N. C. CORPORATION COMMISSION. 



OPEBATIBTQ EXPEV8B8. 



Item. 



Amount. 



Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of Equipment 

Conduct! ng transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation.. ^— _ 

General expenses 

Grand total 

Percentage of expenses to earnings— North Carolina. 



S81,738.39 
26,307.74 

106,089.07 
21,487.60 



2»1,622.80 
85.02 



22,649.71 
7,289.88 

29.120.18 
5,954.21 



65,018.98 
85.04 



State University Railroad Company. 



OFiflCEBS. 



Title. 



President _ 
Secretary _ 
Treasurer. 
Auditor 



Name. 



H. W. Miller . 
H. C. Ansley . 
A. H. Plant- 



Location of OfDce. 



A. B. Andrews. Raleigh, N. C. 



Raleigh, N. C. 
Washington, D. C. 
Washington, D. C. 



DIBECTORS. 

E. B. Barbee, Raleigh, N. C; K. P. Battle, Chapel Hill, N. C; J. S. (irr, Durham, N. C; T. 8. 
Kenan, Raleigh, N. C; W. A. Erwln, Durham, N. C. Expiration of term, until their successors 
are elected or appointed. 

PBOPEBTT OPERATED. 



From University to Chapel Hill (miles). 



10.20 



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STATE UNIVERSITY RAILROAD COMPANY. 



23T 



IHCOHE ▲CCOUVT. 



Gross earnings Arom operation 

Less operating expenses 

Income from operation 

DSDVCTIONS FROM INOOKB— 

Net income 

Snrplas from operations of year ending June 30, 1902 

Deductions for year 

Deficit on June 80, 1901 

Deficit on June 80, 1902 



914,873.88 
12,824,77 



92,049.11 



261.09 



1,788.02 

1,788.02 

6.713.77 

96,651.33 

100,677.06 



CAPIT4L STOCK. 

Capital stocic 

Capital stock per mile 

Cost of road 

Liabilities— audited vouchers 



981,300.00 

3,069.00 

31,650.75 

100,936.83 



OPS&ATnra expevses. 



Item. 



RiCCAPITUIiATION OF QPERATINO EXPBNSES— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 



Grand total 

Percentage of expenses to earnings— entire line 

Opxbatino Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes 

Total 

Percentage of expenses to earnings— North Carolina... 



Amount. 



94,419.52 

1,692.11 

6,158.44 

559.70 



12,824.77 

86.22 



4,419.52 

1,692.11 

6,153.44 

650.70 

261.09 



18,085.86 
87.9a 



Digitized by 



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238 



N. C. CORPORATION COMMISSION. 



YadKin Railroad Company. 



OFFICERS. 



Title. 



President . 

Vice-President 

Secretary 

Treasurer 

Assistant Secretary 

Auditor 

General Manager __ 



Name. 



Location of OflSce. 



A. B. Andrews. 
Theo. F. Kluttz 

H.W. Miller 

H. C. Ansley — _. 
A. H. Boyden.- 
A.H.Plant-— 
F.S.Gannon ._ 



Raleigh, N.C. 
Salisbury, N.C. 
Raleigh, N.C. 
Washington, D.C. 
Salisbury, N.C. 
Washington, D. C. 
Washington, D.C. 



DIBECTOBS. 

D.R. Julian, Sallsbuiy, N.C; J. S. Henderson, Salisbury, N. C; Wm. Smithdeal, Salisbury, 
N.C; F.J. Murdock, Salisbury, N.C; L.W.Saunders, Charlotte, N.C; S.H.Hearne, Albemarle, 
N.C; J.M. Morrow, Albemarle, N.C; D.N. Bennett, Norwood, N. C; E.B. C Humbly, Rock- 
well, N.C; J. M.Odell, Concord, N.C; A. B. Andrews, Raleigh, N. C ; H.W.Miller, Raleigh, N.C. 
Terms expire November 25, 1902, or until their successors are appointed. 



PB0PEBT7 OPEBATED. 



Yadkin Railroad from Salisbury, N. C, to Nor>FOod, N. C (miles) . 



IHCOME ▲cconrr. 



Gross pf^TiiingK from operation ._ ,. . „ - - ._ 


188,886.58 
48,429.56 




Less operating expenses 












Income from operation 




$34,907.02 












Total income 


84,907.02 


Deductions from Income— 

Interest on ftinded debt accrued 


36,900.00 
1,500.80 


Taxes— Included In report of Sou the 


jrn Railway. 










Total deductions ftx)m income.. 




88,400.30 




ig June 80, 19 
lance Sheet,' 








Deficit 


8,498.28 




02 






Deficit from operation of year endii 


8,498.28 


Deficit on June SO, 1901, ['^General Ba 


1901 report] 




454,220.58 










Deductions for year 


^,844.18 


Deficit on June 80, 1902 [for entry on 


'(ieneral Balance Sheet" — 





485,568.04 



Digitized by 



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YADKIN RAILROAD COMPANY. 



239 



EABHUreS FROM op£ratiov. 



Item. 



Passenger— 

Passenger revenue 

Less repayment*— 

Tickets redeemed— 

Excess feres refunded 

Other repayments 

Total deductions 

Total passenger revenue- 
Mall - 



Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

F'R EIGHT— 

Freight revenue 

Less repayments- 
Overcharge to shippers ___ 1 

Other repayments ___ _ J 

Total deductions .__ __ _ _ 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipment— balance 

Rents not otherwise provided for 

Other sources 

Total other earnings ___i _._ __. 

Total gross earnings fW>m operation— NT. 



Total 
Receipts. 



$18,986.25 



60,526.53 



Deductions. 

Account of 

Repayments, 



$7.75 



7.75 



225.44 



Actual 
Earnings. 



|I8,»78.50 


2,028.16 


1,688.02 


117.91 


38.98 


22,^47.42 



225.44 



Total gross earn ing8ftx>m operation— entire : 
line 



60,801.00 



60,801.00 



83,148.51 

.90 
90.20 
13.24 
88.78 



188.07 



83,a36.d8 



Digitized by 



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238 



N. C. CORPORATION COMMISSION. 



YadKin F^ailroad Company. 



OFFICERS. 



Title. 



President 

Vice-President 

Secretary __ 

Treasurer 

Assistant Secretary, 

Auditor 

General Manager 



Name. 



Location of Office. 



A. B. Andrews. 
Theo. F. Kluttz 

H.W. Miller 

H.C.Ansley 

A.H. Boyden.- 
A.H.Plant 

F.S.Gannon __ 



Raleigh, N.C. 
Salisbury, N.C. 
Raleigh, N.C. 
Washington, D.C. 
SaU8bury,N.C. 
Washington, D.C. 
Washington, D.C. 



DIBECTOBS. 

D.R.Julian, Sallsbuiy, N.C: J. S. Henderson, Salisbury, N. C; Wm. Smlthdeal, Salisbury, 
N.C; F.J. Murdoclc, Salisbury, N.C; L.W.Saunders, Charlotte, N.C; S.H.Hearne, Albemarle, 
N.C; J.M. Morrow, Albemarle, N.C; D.N. Bennett, Norwood, N. C; E.B. C Humbly, Rock- 
well, N.C; J. M.Odell, Concord, N.C; A. B.Andrews, Raleigh, N.C; H.W.Miller, Raleigh. N.C. 
Terms expire November 25, 1902, or until their successors are appointed. 



PBOPEBTT OPEBATED. 



Yadkin Railroad ftrom Salisbury, N. C, to Norwood, N. C (miles) . 



IHCOME ▲CCOUVT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Total Income 

Deductions from Income— 

Interest on ftinded debt accrued 

Taxes— included in report of Southern Railway 

Total deductions from income 

Deficit 

Deficit from operation of year ending June 80, 1902 

Deficit on JuneSO, 1901, ["General Balance Sheet,'* 1901 report] _. 

Deductions for year 

Deficit on JuneSO, 1902 [for entry on "General Balance Sheet"— 



188,886.58 
48,429.56 



36,900.00 
1,500.80 



S34,907.Qt2 



84,907.02 



88,400.80 



8,496.28 



8,483.28 
454,220.58 



27,844.18 
485,558.04 



Digitized by 



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YADKIN RAILROAD COMPANY. 



239 



SABHUreS FROM op£ratiov. 



Item. 



PAaSKN(iER— 

Passenger revenue 

Less repay menu- 
Tickets redeemed 

Excess fares refunded 

Other repayments— 

Total deductions 

Total passenger revenue- 
Mall. 



Express - _-. 

Extra baggage and storage 

i )ther Items 

Total passenger earnings 

Freight— 

Freight revenue _ 

Less repayments- 
Overcharge to shippers > _ " 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges— balance 

Hire of equipmentr-balance 

Rents not otherwise provided for 

Other sources. 

Total other earnings 

Total gross earnings f^om ope rati on -N.C 



Total 
Receipts. 



$18,966.26 



Deductions. 

Account or 

Repayments, 



«7.75 



7.75 



60,526.53 



Total gross earn lng8Ax>m operation— entire i 
line _ . 



225.44 



225.44 



Actual 
Ekimlngs. 



118,978.60 

2,023.16 

1,688.92 

117.91 

38.93 



22,847.42 



60,301.09 



60,801.09 



83,148.61 

.90 
90.20 
13.24 
83.78 



188.07 



83,836.58 



83,886.58 



Digitized by 



Google 



240 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock 

Funded debt 

Capital stock per mile __ _ _. 

Funded debt per mile _.. 

Cost of road 

Cost of road per mile _ 

Current liabilities 



8625,000.00 

615,000.00 

15,2i4.00 

15,000.00 

1,2&4,8M.12 

30.607.17 

500,452.16 



OPERATOra EXPS98S8. 



Item. 



Amount. 



Recapitulation of Expenses— 

Maintenance of ways and structures _ 

Maintenance of equipment 

Conducting transportation* 

General expenses 

Grand total _ 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— war revenue 

Total . 



Percentage of expenses to earnings— North Carolina— 



$10,636.69 
7,780.49 
27,616.52 
2,487.86 



48,429.56 
68.11 



10,636.69 
7,759.49 

27,645.62 
2,4S7.86 
1,500.80 



49,929.86 
59.91 





COMPARATIVE aSVERAL BALANCE SHEET. 




June 80, 1901. 


ASSETS 


Year Ending June 80, 1902. 


Total. 


Total 


Increase. 


11,264,894.12 
464,220.58 


Cost of road 


81,251,894.12 
485,658.04 




Profit and loss 

Grand total - 


831,387.46 


1,709,114.70 


1,740,452.16 


31,837.46 


LIABILITIES. 
nft.pit4^) Rti}nlr 




625,000.00 
616,000.00 


625,000.00 
615,000.00 
600,452.16 




Funded debt 




469,114.70 


Current llablllUee 


81,337.46 




Grand total 




1,709,114,70 


1,740,462.16 


81,337.46 



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YADKIN RAILROAD COMPANY. 



241 



TRAFFIC AVD MILEAOE STATISTICS— State of Horth Caroliaa. 



I 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried _ miles— 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile _. 

Total passenger earnings __ 

Passenger earnings per mile of road — 

Passenger earnings per train mile _ _ 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons Arrled one mile per mile of road 

Average distance haul of one ton miles.- 

Total Arelght revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile _ 

Total freight earnings _ 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings ftx)m operation per train mile 

Gross earnings from operation per train mile. 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 



Column for 
Number 

Passengers, 

Tonnage 
Car Mileage, 

Number of 

Miles, Etc. 



39,098 
062,644 
16,162 
16.95 



74,570 
,473,524 
:to,940 
19.76 



Columns for Revenue 
and Rates. 



Dollar*. 



18,978 



22,847 
557 



60,301 



60,301 

1,470 

3 

K,33H 
2,082 

1 

48,429 

1.181 



CentalMiUa 



511 

864 



506 



865 
092 



534 



825 



717 



-16 



Digitized by 



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242 



N. C. CORPORATION COMMISSION. 



MISCELLANEOUS RAILROADS. 



Aberdeen and Ashboro Railroad Company. 



OFFICERS. 



Title. 



President — — 

Secretary and Treasurer 

Assistant Secretary and Treasurer . 

Attorney 

Auditor. - 

General Manager „ 

Traffic Manager. 



Name. 



Henry A. Page- 
Robert N. Page- 

M.E.Page_ 

W.J. Adams 

Frank Page 

J.R.Page 

Henry A. Page. 



I Location of Office. 



Aberdeen, N.C. 
Blscoe, N. C. 
Aberdeen, N. C. 
Carthage, N. C. 
Blscoe, N.C. 
Blscoe, N.C. 
Aberdeen, N. C. 



DIRECT0B8. 
Henry A. Page, Aberdeen, N. C; J. R. Page, Frank Page, Aberdeen, N. C; W.H. Page, New 
York, N.Y.; N. A. McKethan, Aberdeen, N. C. ; A. W. E. Capel, Troy, N. C. 



PBOPEBTT OPERATED. 



Aberdeen and Ashboro from Aberdeen to 4shboro, N.C. (miles). 

Aberdeen and Ashboro— Blscoe to Mt.Gllead (miles)-.. 

Jackson Springs R. R.Co. (operated under trackage rights) 

Total (miles) - 



55.20 
21.80 
4.00 



80.50 



CAPITAL STOCK. 



Capital stock— common— number of shares authorized . 

Par value of shares _ - 

Total amount Issued and outstanding 

Total number shares Issued and outstanding 

Total cash realized 

Capital stock per mile _ 

Jackson Springs R. R.Co. (capital stock) 



6,500 

$100.00 

250,000.00 

2,500.00 

190,000.00 

8,106.50 

20,000.00 



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ABERDEEN AND ASHBORO RAILROAD COMPANY. 
FUHDED DEBT. 



243 



Amount issued * 

Amount outstanding 

Total debt per mile . 



980,000.00 

76,000.00 

944.10 



*Date of issue, 1890 ; when due, 1910 ; rate of Interest, 6 per cent, payable January and July. 



COST 07 BOAD, EaUIPMEVT AVD PERHAVEHT IKPB0YEMEVT8. 



Cost to June 80,1902 

Total equipment 



1888,068.71 

77,158.85 



CUBBEVT ASSETS. 



Balance current assets.. 



S19,&10.20 



EABvnras fbom opebatioh. 



Total passenger earnings 

Total Areigbt earnings 

Telegraph companies 

Rentals from 9. A.L. to Pinehurst.. 
Total 



$23,199.55 

116,668.80 

1,188.84 

565.00 



141,566.19 



I9C0ME ACCOUNT. 



Gross earnings Ax>m operation 

Less operating expenses __ 

Income fW)m operation 

Deductions from Income— 

Interest on ftinded debt accrued _._ _ 

Taxes — 

Total deductions fW)m income 

Net income _ __. _. 

Dividends— common stoc Is 6 per cent-. 

Current liabillUes paid . 

Invested in real estate (sinlcing ftind) 

Total 

Surplus from operations of year ending June 80,1902 

Surplus on June 30, 1901 [trom '* General Balance Sheet," 1901 Re- 
port] .- _.^ 



Surplus on June 80, 1902 [for entry on " General Balance Sheet,". 



$141,566.19 
75,468.05 



4.560.00 
2.061.50 



15,000.00 I 

15,000.00 

10,866.07 



18,607.57 
1,282.63 



966,096.14 



6.624.50 



50,478.64 



40,866.07 



19,840.20 



Digitized by 



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244 



N. C. CORPORATION COMMISSION. 



OPESATINa EXPENSES. 



Item. 



Recapitulation of Operating Expenses— 

Maintenance of way and stmctures 

Maintenance of equipment 

Conducting transportation 

General Expenses 

Grand total 

Percentage of expenses to earnings— entire line- 



Amount. 



«21,357.11 

12,785.47 

82,661.45 

8,664.02 



75,468.05 
67. 1» 



Aberdeen and RocKfish Railroad Company. 



OFFICERS. 



Title. 



President, Gen. Manager and Gen. Freight Agent John Blue . 

Secretary and Treasurer W. A. Blue- 
Auditor - O. H. Folley- 

Chlef Engineer C. H. Scott . 

General Superintendent ' C. N. Blue 

Traffic Manager I N. A. McKelthan. 



Name. 



Location of Office. 



Aberdeen, N. C. 
Aberdeen, N. C. 
Aberdeen, N. C. 
Warren ton, N. C 
Aberdeen, N. C. 
Aberdeen. N.C. 



DIBECTORS. 

John Blue, C.N. Blue, W. A. Blue, Aberdeen, N. C. ; J. A. Blue, Timberland, N. C. ; R. N.Page. 
Biscoe, N. C. ; J. A. McKelthan, N. A. McKellhan, Aberdeen. N. C. 



PBOPEBTT OPERATED. 

Aberdeen and Rockflsh Etailroad from Aberdeen to Rockflsh (miles) 

Aberdeen and Rockflsh Railroad trom Junction to Endon (miles).... 

Total miles _, 



.12 
10 



42 



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ATLANTA, KNOXVILLE AND NORTHERN RAILROAD COMPANY. 245 



CAPITAL STOCK. 



Capital stock 

Funded debt* 

Balance cash assets 

Cost of road and equipment 



SIOO.000.00 
80,000.00 
28,302.50 
150,831.23 



* Rate of interest, 6 per cent. 



I9C0ME ACCOmiT. 



Oross earnings ftom operation . 

Less operating expenses 

Income Arom operation 

Interest on funded debt 

Taxes 

Permanent improvements 

Total 

Net Income 



$83,700.96 
26,978.73 



8,450.00 ; 
919.11 I 
5,879.97 






$86,727.28 



10,249.06 
26,Cr8.15 



OPBBATIHe EZPE98B8. 



Maintenance of way and structures- 
Maintenance of equipment 

<Jon ducting transportation 

General expenses 

Total 



$7,355.36 
7,627.90 
8,172.95 
3,817.52 



26,978.73 



Atlanta, Knoxville and Northern Railway Company. 



OFFICERS. 



Title. 



Name. 



Location of OfDce. 



President 

Vice-President and General Manager ... 

Secretary-Treasurer and Auditor 

Traffic Manager 



Milton H. Smiths 
Jno. B. Newton.. 

H. W.Oliver 

J. E. W. Fields 



Louisville, Ky. 
Knoxville, Tenn. 
Knoxville, Tenn. 
Knoxville, Tenn. 



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246 



N. C.' CORPORATION COMMISSION. 



PB0PEBT7 OPERATED. . 



Terminals. 


Miles. 


From— 


To- 


Marietta, (Ja 


Knoxville, Tenn » 


20B.8t 


Blue Ridge, Ga— . 


Murphy, N. C 

Knoxville, Tenn 


2S.4S 


RridgA , , .. . ...... 


.W 








Total . 




228.10 


Miles in North Carolina 





13.20 



Capital Stock 

Capital stock per mile_. 



CAPITAL STOCK. 



Description. 



Amount. 



»«, 499, 000.00 
19,723.80 



Funded debt 

Funded debt per mlle. 



FUVDED DEBT. 



Item. 



Amount. 



$8,281,000.00 
14, 384. (H 



COST OF ROAD, EQUIPHEVT AVD PEBMA9EHT IMPBOYEMEVTS. 



Item. 



Cost of road 

Gross earnings— entire line 

Operating expenses— entire line.. 

Improvements 

Texes paid— entire line 



Amount. 



$6,000,000.00 
621,168.00 
392,115.00 
196,830.00 
21,928.00 



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CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



247 



Cape Fear and Northern Railway Company. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



Cbairman of the Board 



.-J. E.Stagg- 



Durham, N. C. 
Durham, N.C. 



President _.__ B. N. Duke _._ 

First Vice-President ^ ' J. E.Slagg —J Durham, N. C. 

Secretary-Treasurer and General Manager. J. C. Angler I Apex, N. C. 

Traffic Manager J. C. Angler Apex, N.C. 



Attorney or General Counsel 

Auditor 

Chief Engineer and Superintendent. 



H. E. Norrls Raleigh, N. C. 

T. K. Wilkinson Carj', N. C. 

G. E. Leramon— .-_' Apex, N.C. 



DIKECTOBS. 

J. E. Stagg, Durham, N. C; George W. Watts, Durham, N. C; J. C. Kllgo, Durham, N. C; 
J. C. Angler, Apex, N. C; H. E. Norris, Raleigh, N. C; T. F. Wilkinson, Gary, N. C. 



PROPEBTT OPEBATEO. 



The Cape Fear & Northern Railway Co., from Apex, N. C, to Angler, N. C. (miles) 



20 



CUBBEKT ASSETS AMD LIABILITIES. 





Amount. 




$2,067.31 




11.99 
1,323.13 
1,939.76 








5,342.19 



Cash - - 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies.. 
Total cash and current assets 

LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Miscellaneons __ _ 

Total current liabilities 

Balance cash assets _ 

Total 



H35.65 

179.55 

1,800.63 



2,815.73 
2,526.46 



5,342.19 



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248 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile 

Cost of equipment 

Cost of construction 

Cost of construction and equipment per mile . 



$100,000.00 

5,000.00 

20.887.08 

96,512.89 

5,860.90 



IVCOKE ACCOnVT. 



Gross earnings from operation _ __ 

Less operating expenses _. 

Income trova operation „ 

Deductions from Income— 

Taxes _ 

Total deduottons from Income 

Net income. 

Dividend, 4 percent, common stock 

Total 

Surplus from operations of year ending June 30, 1902 ' 

Surplus on June 80, 1901 [from *' General Balance Sheet,'' 1900 Re- , 
port] I 

Additions for year 

Surplus on June 30, 1902 [for entry on "General Balance Sheet"] .J 



$21,294.97 
18,820.88 



446.40 



4,000.00 



$7,474.14 



446.40 



7,027.74 



4,000.00 



8,027.74 

18,747.02 
8,027.74 



21,774.76 



EABHIVdS 7B0M OPBBATIOV-^tate of Vorth Carolina. 



Item. 



Passenger-^ 

Total passenger revenue.. 
Mail.-- 

Total passenger earnings . 
Freight— 

Total freight revenue 



Total passenger and fl^ight earnings 

Other Earnings from Operation— 

Car mileage— balance 

Other sources 

Total gross earnings Arom operation— N. C. 



Actual 
Earnings. 



$2,850.46 
866.12 



8,725.68 
17,866.^ 



21,091.86 



189.61 
18.60 



21,294.97 



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CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



249 



OPEBATIVO EXPIN8I8. 



Item. 



Recapitulation of Expenses— 

Maintenance of way and stmctares 

Maintenance of equipment 

Conducting transportation 

Oeneral expenses 

Total 

Percentage of expenses to earnings 



AmounL 



$8,744.49 
1,058.01 
4,801.49 
4,216.84 



18,820.88 
64.94 



C0KPABATI7E OENEBAL BALAVCE SHEET. 



June 30, 1901. 


ASSETS. 


Year Ending June 30, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


994,890.08 

20,887.06 

713.00 


Cost of Road 


896,512. 89 

20,887.08 

718.00 

6,842.29 

1,185.88 


$1,621.41 




Cost of eQuipment- _ 




Lands owned ^ - - — 






7,500.28 


Casli and current assets _ _ 




$2,158.09 




OTHEB ASSETS. 

Materials and supplies _ 

Grand total 

LIABILITIES. 

Canltal stock 




188.68 






126,266.79 


124,590.49 


1,621.41 


2,296.71 


100,000 00 


100,000.00 
2.815.78 
21,774.76 






6,518.77 


Current liabilities 




3,708.04 


18,747.02 


Profit and loss - 


8,027.74 




Grand total 




125,265.79 


124,500.49 


8,027.74 


8,708.04 







Digitized by 



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250 



N. C. CORPORATION COMMISSION. 



TSAFFIC AND HILEAGE STATISTICS. 



Item. 



Number 
Passe n gens, 
Tonnage, 
and Car 
Mileage. 



Passenobb Traffic— j 

Number of passengers carried earning revenue ; 

Number of passengers carried one mile.. 

Number of passengers carried one mile per mile of road I 

Average distance carried miles- J 

Total passenger revenue !_ 

Average amount received from eacli passenger |_ 



5,705 
74,480 
.%?24 
13. a5 



Average receipts per passenger mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Numl)er of tons carrle4 of freight earning revenue.. 

Number of tons carried one mile 

Number of tons carried one mile per mile of road _.. 

Average distance haul of one ton (miles) 

Total freight revenue , 

Average amount received for each ton of freight 

Avenige receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings flx>m operation _ 

QroRs earnings from operation per train mile 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road _-. 

Operating expenses per train mile 

Income from opemtion 

Income from operation per mile of road 



1- 



24,971 
492.365 
24,618 
19.71 



Columns for Uevenut* 
and Rates. 



Dollars. \CenU MiUs. 



2,S5f) 



3,725 
186 



17,. '{66 



868 I 



21,294 
1,064 I 
1 



I 



46 

»| 

07 I 



I 



I 



13,820 I 83 

I ' 

691 I W , 



7,474 
378 



14 I- 



20 ; 



121 
65 



•>"< ! 

27 1 m 

20 1 414 



537 
2< 



03 

.s .... 

31 ! 04 

a~> I 141 

i 

97 i 

74 85 

IH 684 

I 



15 
730 



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CALDWELL AND NORTHERN RAILROAD COMPANY. 



251 



Caldwell and Northern Railroad Company. 



Title. 



OFnCERS. 



Preeident 

Secretary and Treasurer 

Solicitor... 

General Manager and Freight Agent . 



Name. 



Location of Office. 



William 8. Harvey Philadelphia, Pa. 

George W. Lex Philadelphia, Pa. 

Edward L. Perkins Philadelphia,!^. 

George O. Shakespear— Lenoir, N.C 



DIBECT0B8. 

William S. Harvey, Philadelphia, Pa. ; Peter Boyd, Philadelphia, Pa.; Howard T.Goodwin, 
Ph{ladelphlx^Pa.; William J. Merrill, Philadelphia, Pa., George O. Shakespear, Lenoir, N. C; 
John H. Danenhour, Bethpage, Pa. ; Charles H. A. RufT, Lenoir, N. C. 



PBOPSBTT OPEBATED. 



Lenoir, N. C, to CoUetUvllle, N. C, main line (miles). 

Capital stock „ 

Capital stock per mile.. 

Cost of road and equipment 

Gross earnings 

Operating expenses, _ 

Deflcitfrom operation 

Taxes 

Deficit to June 30, 1901 

Deficit to June 30, 1902 



10.60 

f89.200.00 

8,415.09 

92,198.90 

7,602.85 

9,214.80 

1,55L99 

88.56 

5,706.02 

7,946.57 



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252 



N. C. CORPORATION COMMISSION. 



Carthage l^ailroad Company. 



.0FFICEB8. 



Title. 


Name. 


Location of Office. 


President 


J. C. Black 


Carthage, N. C. 
Carthage, N. C, 


Secretary . 


W. J. Adams 


Auditor 

General Manager _ _ 


W. C. Petty, Jr _ 

W. C Petty, Lessee 


Carthage, N. C. 
Carthage, N. C. 







DIRSCT0B8. 

W. T. Jones, George C. Graves, Jas. D. Mclver, L. P. Tyson, A. H. McNeill, C. J. Shaw, J. C. 
Black, Carthage, N. C. 

PB0PEBT7 OPERATED. 



Carthage Railroad— ftt>m Cameron to Hallison (miles) 



18.50 



The Carthage Railroad was leased to W. C. Petty for a term of 97 years, ftom 1890, who has 
exclusive control of the road. 



CAPITAL STOCK. 



Common— namher of shares authorized 

Par value of shares 

Total par value authorized 

Total amount Issued and outstanding 

Capital stock per mile 



10,000.00 

125.00 

250,000.00 

16,050.00 

8,575,00 



OPERATING EXPENSES. 



Maintenance of way and structures. 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total — . 

Less erroneous charge 



$4,232.75 

884.80 
5,706.2$ 
1,904.00 



12,727.78 
2,049.00 



10,678.78 



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CASHIE AND CHOWAN RAILROAD COMPANY. 
COST OF BOAD AJID EQUIPMEHT. 



253 



Equipment 

Constmotion 

Construction and equipment per mile .. 



Ill, 000. 00 
68,400.0a 
3,692.52 



nrCOHE ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dbductions from Incomb— 

Rents paid for lease of road 

Taxes 

Other deductions 

Total deductions from income ... 

Net income 

Surplus year ending June dO, 1902 

Surplus year ending June 30, 1001 

Surplus on June 30, 1902 



117,625.07 
10.678.78 



1,440.00 
534.00 
76.00 



$6.946. 2» 



2,049.00 



4,897.29 
4,897.29 
18,291.50 
23.188.79 



Cashie and Chowan Railroad Company. 





OFnCERS. 


TiUe. 


Name. 


President 

Treasurer. 


J. L Deal 

J. C.Johnson 







Location of Office. 

Howard, N. C. 
Baltimore, Md. 



PBOPEBTT OPERATED. 



Howard, N. C, to Woods (miles). 
Spurs (miles) 



CAPITAL STOCK. 



Capital stock 

Cost of road 

Cost of equipment- 
Taxes paid 



$100,000.00 

17,500.00 

10,500.00 

873.42 



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264 



N. C, CORPORATION COMMISSION. 



Carolina Northern l^ailroad Company. 



OFFICEBS. 



Title. 


Name. 


Location of Office. 


President - 


Augustus Miller 

Augustus Miller 

T.C.McNeely 


Pblladelphla,Pa. 
Philadelphia, Pa. 
Marion, 8. C. 


Treasurer 

General Superln ten dent 







PROPERTY OPERATED. 




Lnmberton. N. C. to Marion. S. C. ( miles) _ . - 


40 24 







CAPITAL STOCK. 



Capital stock 

Funded debt 

Cost of road and equipment 

Qross earnings 

Gross earnings per mile 

Operating expenses per mile 

Taxes paid in North Carolina 



$500,000.00 

500,000.00 

1,008,000.00 

26,924.41 

668.09 

456.95 

310. fl7 



Carolina and Northwestern Railway Company. 



OFFICERS. 



Title. 



President — 

Secretary' 

Treasurer 

Attorney or General Counsel — 

Auditor and Traffic Manager 

Oeneral Manager _ 

Chief Engineer 

Superintendent of Telegraph 



Name. 



Location of Office, 



W. A. Barber New York. 

J. J. McLure Chester, 8. C. 

M.S.Lewis — Chester, S.C. 

J. A. Marion Chester, S.C. 

E. F. Reid Chester, S. C. 

1 
L. T. Nichols Chester, 8. C. 

J. W.Fletcher, Jr I Cbe8ter,8.C. 

C. A. Darlton ! Washington, D. C. 



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CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



255 



DIBECT0B8. 

J. L.Agar8, Chester, B.C.; T.H.White, Chester, B.C.; J. H. Marlon, Chester, B.C.; W. Holmes 
Hardin, Chester, S. C. ; J. F. Wallace, Yorkville, B. C. ; Geo. A. Gray, Gastonla, N. C. ; J. A. Martin, 
Hickory, N.C. Term expires September, 1902. 



PBOPEBTT OPEBATEB—Vorth CaroUna. 



Carolina and Northwestern Railway, from N. C. Btate Line to Lenoir, N. C. imlles). 
Entire line— Chester, B.C., to Lenoir, N.C. (miles) 



72.80 
109.80 



CAPITAL STOCK— FUNDED DEBT. 



Capital stock 

Funded debt, (1950) 5 per ecnt_. 

Income bonds 

Capital stock per mile 

Bonds— per mile 

Mlleatfe... 



Cost of road, equipment and permanent Improvements to June 80, 1901— entire line. 
Cast of road, equipment and permanentimprovementsto June 80, 1902— entire line. 
Cost of road and equlpmentr-North Carolina 



$860,000.00 

460,000.00 

25,000.00 

8,202.00 

4,117.10 

109.80 

134,985.22 

187,748.87 

90,910.02 



CUBBENT ASSETS AND LIABILITIES. 



ASSETS. 



Cash - — 

Bills receivable 

Due from agents. _ 

Due from solvent companies and individuals „ 

Net Iniffic balances due from other companies 

Other cash assets _ — 

Total— cash and current assets 

Total _ 

LIABILITIES. 

Loans iuid bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July 1) 

Total— current liabilities. 

Balance— cash assets 

Total 



Amount. 

$10,000.00 

1.496.19 

82,704.76 

82,117.58 

2, 186. 13 

1.167.96 



79,622.62 



79,622.62 



40,962.72 
5,052.87 
7,020.24 
5,006.25 



58,042.06 
21,580.54 



79,622.62 



Materials and supplies on hand, $12,529.63. 



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256 



N. C. CORPORATION COMMISSION. 



COST 0? ROAD, EaUIPHENT AVD PIBMANENT IHPB0TEKEHT8. 



Item. 



CoNSTRUcrrioN— 

EoKineering 1 , 

Rlghtrof-way and station grounds 

Real estate 

Grading 

Bridges, trestles and culverts 

Ties 

Rails. 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfiaclng 

Fencing right-of-way 

Crossings, cattle guards and signs 

Telegraph lines 

Station buildings and fixtures 

Shops, round-houses and turntables. 

Shop machinery and tools 

Water stations 

Fuel stations _ __. 



Miscellaneous structures— new Gen- 
eral Office 



Legal expenses 

Total construction- 



Expenditures 
JDurlng 
Year, Not 
Included in 
Operating 
Expenses, 
Charged to 
Construction 
or Equip- 
ment. 



$112.03 
4.10 
75.00 
20.40 
258.83 
885.10 
62.12 



55.86 

4.00 

138.91 



780.44 

26.63 

427.18 

365.00 

41.70 



2,758.15 



Total 

Cost to 

June 30, 1901. 



97,866.04 

8,625.48 

1,849.10 

11,981.52 

6,623.58 

8,937.16 

20,421.49 

2,228.99 

962.99 

1,862.66 

6,795.66 

23.15 

141.86 

85.00 

5,971.73 

400.51 

12,139.82 

2,223.71 



1,275.50 
1,932.94 



101,848.39 



Total 

Cost to 

June 30, 1902. 



«7,978.97 

8,629.58 

1,924.10 

12,001.92 

6,882.41 

9,322.26 

20,483.61 

2,228.99 

1,018.85 

1,366.66 

6,934.57 

23.15 

141.86 

85.00 

6,752.17 

427.14 

12,566.95 

2,588.71 

41.70 

1,275.50 
1,982.94 



104,006.54 



Cost 
Per Mile, 



9950. 90 



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CAROUNA AND NORTHWESTERN RAILWAY COMPANY. 



257 



IHCOME ACCOUNT— Satire Line. 



Gro0s enrniDgs from operation 

Less operating expenses , 

Income from operation 

Deductions from Income— 

Interest on funded debt accrued . 



Interest on Intercstrbearing current liabilities accrued, not 
otherwise provided for 

Taxes — — — 

Permanent improvements 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1902 _. 

Deficit on June 30, 1899 [from "General Balance Sheet" 1901 re- 
port] - J 



Surplus on June 30, 1902 Hfor entry on 
Sheet "] - 



' General Balance 



Earnings— North Carolina _.. 

Operating expanses -North Carolina- 
Rentals received — 



$167,773.23 | 
99,853.22 \ 



22,000.00 ; 

49.13 
4,092.25 
2,768.16 



3S,520.48 
13, 145. 12 



$67,920.01 



29,399.53 



38,520.48 



25,375.36 

110,730.33 

65,903.14 

^40. 00 



OPERATING EXPENSES— Entire Line. 



Maintenance of way and structun^s 

Maintenance of equipment 

Conducting transportation 

Geneml expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operatino Expense.*?— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina.. 



$20,80(i.f>l 
13, 94.-). 45 
63,370.2.j 
11,7:W.71 



9,858 22 
.'4). 51 



13,782.49 
9,201.00 

36,224.38 
7, 742. -27 

65,903.14 
30.73 



■17 



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258 



N. C. CORPORATION COMMISSION. 



TRAPPIC AKD MILEAGE STATISTICS— Iforth CaroUna. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried mlles__ 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings . 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue _. 

Number of tons carried one mile 

Number of tons carried one mile per mile of road ... 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total fl^ight earnings __ 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Number 
Pnssengers, 
Tonnage 
and Car 
Mileage. 



47,258 
1,810,686 
11,992 
27.69 



63,770 
1,449,758 
20,097 
22.73 



Revenue and Rates. 



Dollars. 



8.310 



34,889 
483 



75,566 

1 



75,566 
1,(M7 

1 

110,730 
1,534 



65,908 
913 



Cents MUU, 

I 



44,827 
I 
621 I 



61 
59 

2 i 
691 



906 
159 



716 



15 I 

18 ' 499 

05 I 212 

15 J 

52 ! 

02 , 766 



I 



126 



235 



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CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 259 

COKPABATIYE OnrSBAL BALANCE SHEET. 



Jane SO, 1901. 




Year Ending June 80, 1902. 


1 Amu. IS. 








Total. 




Item. 


Total. 


Increase. 


$101,&48.39 


Ck)et of road 





$104,606.54 


$2,758.15 


88,136.83 


Cost of equipment 




33,136.88 




38,013.70 


Cash and current asseU 

OTHEB ASSETS. 


_.. 


79,622.62 


46,606.92 


10,613.99 


Materials and mippllfm . .^ 


112,529.63 


12,529.68 
25,375.86 


1,915.W 




Profit and loss 

Grand total 

LIABILITIES. 






188.612.91 




255,270.98 


66,658.07 
















2,000.000.00 


Capital stock 

Funded debt 


2,000,000.00 


2,000,000.00 




1,820,000.00 


1,320,000.00 


1,820,000.00 


.____ . . ._»___ 


50,347.51 


Current liabilities 


58,035,83 










Accrued interest on funded debt not 

yet payable. 
Profit and loss 

Grand total 


5,006,25 


58,012.08 
25,375.86 
















3,879,347.54 


- 


8,403,417.44 


24,069.90 



The officers of the company Call to give the information necessary to a proper balance sheet. 



FREIGHT TBAPnC HOVEMEHT— SUte of North Carolina. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Freight 
Received 
ftom Con- 
necting 
Roads and 
other 
Carriers. 



Total Freight Tonnage. 



Products of Aqricultueb— 

Grain 

Flour. 

Other mill products 

Tobacco 

Cotton - 

Fruit and vegetables 

Pboducts of Animals— 

Live stock 

Dressed meats , 

Other packing-house products.. 

Poultry, game and fish 

Wool 

Hides and leather 



Whole Tons. 



1,270 



Wftole7\m9. 

1,900 

744 



466 


579 


72 


298 


19 


102 


2,212 


8,312 1 


1,229 


196 


84 


32 


261 


161 


88 


76 


109 


18 


9 


3 


88 


10 



Whole Tone, 

2,298 
2,014 
1.045 
370 
121 
5,524 
1,424 

116 
422 
164 
127 
12 
48 



Per 



Cent, 

2.38 
2.08 
1.06 
.38 
,13 
5.72 
1.47 

.18 
.44 
.17 
.14 
.01 
.05 



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260 N. C. CORPORATION COMMISSION. 

FREIGHT TRAFFIC MOYEMEVT-^SUte of North Caroluift--Coiiti&«ed. 



Com modi tly. 



Products of Mines— 

Anthracite coal _ __ 

Bituminous coal __ 

Stone, sand and other like articles 

Salt _ 

Products of Forest— 

Lumber _. 

Cross-ties 

Manufactures— 

Petroleum and other oils .._ 

Sugar _ _ 

Naval stores 

Iron, pig and bloom 

Iron and steel rails — 

Other castings and machinery 

Bar and sheet metal .__ ___ 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers _ 

Household goods and ftiruiture 

Cotton fiictory products. 

Merchandise 

Fertilizer 

M ISCELL ANEOUS— 

Other commodities not mentioned above- 
Total tonnage— North Carolina 

Total tonnage— entire line 



Freight 

Originating 

on this 

Road. 



WJiole Terns. 



30,927 
1,125 



64 



Freight 
Received 
from Con- 
necting 
Roads and 

other 
Carriers. 



515 
237 
354 
1 
020 

54 
102 

59 
767 
3,760 
806 
268 

2,160 



31,887 
48,814 



WTtole Tons. 

40 

7,918 

97 

393 

18,489 
1,268 

212 

1 

254 

4,057 

1,477 

527 

820 

114 

152 

31 

165 

137 

1,383 

5, 175 

873 



31,883 
48,807 



Total Freight Tonnage 



W7u>le Tons. 

40 

7,918 

196 

427 

46,416 
2,393 

310 I 

1 ' 

769 

4,294 

1,831 

• 528 

1,440 

168 

254 

90 

982 

8,897 

2,188 

5,443 

3,042 



63,770 
96,621 



Par CenU 
.0* 

8.1H 
.•3> 
.40 

4J<.(t? 
2.4H 

..S7 

.75» 
.44 

l.Si> 
.57 

1.49 

.28 

.m 

4.(W 
2.2ii 
5.IH 

3. lo 



10.00 
10.00 



MILEAGE OF LINE OWNED AND OPERATED— By StatM. 



State or Territory. 


Line Represented by 
Capital Stock. 


Total 
Mileage 
Owned. 


Ralls. 


Main 
Line. 


Branches 

and 

Spurs. 


Iron. 


Steel. 


South Carolina 


87.00 
72.30 




37.00 
72.80 


80.88 
29.07 


6.12 


« 111 Carolina 




48.28 








Total mileage owned (single track)— 


109.80 




109.80 


59.95 


49.85 









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DURHAM AND CHARLOTTE RAILROAD COMPANY. 



261 



Durham and Charlotte Railroad Company. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



President and Secretary 1 John B. Leming . 

Second Vice-President ; J. 8. Carr 



Superintendent, Freight and Pass. Agent Frank D. Jones 

Auditor John B. Kennedy 

Treasurer- i E. H. Middleton 

Attorney W. A. Guthrie 



I Bridesburg, Pa. 

' Durham, N. C. 

-I Gulf, N. C. 

Gulf, N. C. 

Frankford, Pa. 

Durham, N. C. 



DIBECT0B8. 

John B. Leming, Bridesburg, Pa. ; E. H. Middleton, Frankford, Pa. : Julian 8. Carr, Durham, 
N. C. ; Wm. A. Guthrie, Durham, N. C. ; Wm. S. Peay, Durham, N. C. 



PROPERTT OPERATED. 



OulftoStar (mUes) 

Capital stock 

Gross earnings 

Operating expenses 

Taxes 

Net Income 

Cost of road and equipment . 

Cost per mile 

Passenger earnings 

Freight earnings 



8S.75 

None Issued. 

$14,812.82 

12,068.26 

482.12 

2,811.44 

157,063.20 

4,487.60 

2,80&.24 

12,607.68 



Funded debt is not given. 



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262 



N. C. CORPORATION COMMISSION. 



East Tennessee and Western North Carolina Railroad 

Company. 



OFFICERS. 

Name. ' Location of Offlce. 

R.F.Hoke Raleigh, N.C. 

John S. Wise j Philadelphia, Pa. 

J. E. Vance ' Cranberry, N.C. 

George W. Hardin _. Cranberry, N. C. 



Title. 

President 

Secretary and Treasurer 
Auditor 

Superintendent 



DIRECTORS. 

Frank Firmstone.Easton, Pa.; R. F.Hoke, Raleigh, N.C; John S.Wise, H. M. Howe, Calvin 
Pardee, Frank P. Howe, Philadelphia, Pa. ; Mahlem Pilney, Morrlstown, N. J. 



EARVINGS FROM OPERATION 



Gross earnings— entire line 

Operating expenses— entire line 

Income from operation 

Interest on bonds owned 

Total 

Deductions— 

Interest on funded debt 

Interest on current liabilities 

Taxes 

Total - 

Net Income 

Deficit June 30,1901 

Deficit June 30, 1902 ._ 

Earnings— North Carolina 

Operating expenses— North Carol Ina. 






$10,000.00 
1,045.06 
2,879.48 



$85,216.24 
57,949.12 



87,257.12 
202.70 



87,460.82 



18,924.51 



28,546.81 



98,971.68 
75,026.82 
8,401.44 
5,118.14 



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EAST CAROLINA RAILWAY COMPANY. 



263 



PROPERTT OPERATED IV HORin CAROLINA. 

(>ra.nberry Iron and Coal Comimny (operated by East Tennessee and Western i 

North Carolina Railroad Co. ), from Cranberry to State line (miles) ' 3 

Entire line— Johnson CIty,Tonn.,to Cranberry, N.C. (miles) S4 

Capital stock— entire line — $.301,900.00 

Bonds— entire line - - i 260,000.00 

Balance -current liabilities 108,483.66 

Costof road— entire line 691.218.02 

Cost of equipment— entire line \ 89.109.82 



East Carolina Railway Company. 



OFFICER. 



President and Manager „_. Henry Clark Brldgers — . Tarboro.N.C. 



ROAD OPERATED. 



From Tarboro to Farmville (miles) . 



24.52 



CAPITAL STOCK. 

Capital stock authorised 

Capital stock paid up — 

Cost of road -_- 

Qroes earnings 

Operating expenses and all other deductions 

Lowes, wrecks, etc 



$200,000.00 
56,000.00 
106.000.00 
24.646.00 
28,592.00 
1.054.00 



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264 



N. C. CORPORATION COMMISSION. 



Egypt Railway Company. 



OFFICERS. 



Title. 



President and General Manager.. 

Secretary pro tern 

Attorney 

General Manager 

Acting Superintendent 



Name. 



Location of Office. 



Samuel A.Henszey New York. 

K.K.Henszey I New York. 

T. B. Womack I Raleigh, N. C. 

Samuel A.Henszey ..I Cumnock, N.C. 

W.J.Talley Cumnock, N.C. 



DIBECT0B8. 

Samuel A. Henszey, New York ; K. K. Henszey, New York; W.J.Talley, Cum nock, N.C. 



PBOPEBTT OPERATED. 



Cumnock to Colon (miles) 

Capital stock 

Funded debt (interest at 6 per cent). 

Balance current liabilities 

Cost of road 

Cost of equipment 

Gross earnings 

Operating expenses 

Deficit from operation 



8 

$125,000.00 

106,000.00 

60,168.38 

226.826.94 

23,745.92 

5,224.88 

7,581.02 

2,356.14 



INCOME ACCOUVT. 



Gross earnings from operations 

Less operating expenses.. 

Deficit 

Deductions from Income— 

Interest on funded debt — — 

Taxes 

Total deductions from Income- 
Deficit 



Total deficit on June 80, 1902, including deficit June 80, 1901, 
[for entry on " General Balance Sheet."] 



95,224.88 
7,581.02 



6,480.00 
188.40 



92,856.14 



6,668.i0 
9,024.51 



42,812.87 



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LAWNDALB RAILROAD COMPANY. 



265 



Linville River Railway Company. 



OFFICERS. 



TlUe. 


Name. 


Location of Office. 


President and Manager 


W. M. RItter 


Columbus, O. 


Treasurer __ 


C. W. Seaman 


Columbus, O. 
Saginaw, N.C. 


Tmfflc Manager ., . 


J. Mortimer, Jr 







CAPITAL STOCK, Etc. 



Capital stock 

Funded Debt 

Cost of road 

Gross earnings— 

OroBS earnings per mile 

Operating expenses 

Operating expenses per mile . 

Taxes paid — . 

Employees 



Lawndale Railroad Company. 

0FFICSB8. 

Controlled and Managed by H. F. Schenck, Lawndale, N. C. 

PROPBBTT OPERATED. 



160,000.00 

00,000.00 

120,000.00 

25,415.11 

2,117.92 

17,281.43 

1,485.05 

152.50 

26 



Lawndale to Schenck's station (miles). 

Cost of road 

Gross earnings 

Operating expenses 



9 

$5,777.00 

8,892.00 

4,725.00 



This road Is owned by the Cleveland Cotton Mills, and is used mainly for tranapordlng the 
freight of this company. 



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266 N. C. CORPORATION COMMISSION. 



Mount Airy and Eastern Railway Company. 



OFFICERS. 



Title. I Niiino. I Location of Office. 



President _ -. ' T. E. Hou.ston_„_ _. Elkhorn, X. C. 

Superintendent — - 8. A. White _ Mount Airy, N. C. 

Receiver _ C. B. Keesee Martinsville, N. C. 



PROPERTY OPERATED. 



Prom Mount Airy, N. C, to point in Virginia— in North Carolina (miles). 



CAPITAL STOCK. 



Capital Rtock „ _ «25,990.0O 

Capital per mile — - ' 5. 188.00 

Gross earnings (North Carolina) i | 2,478.97 

Of expenses I 2,377.42 

Taxes paid- _ — - _ _ 33.o:i 



Northanripton and Hertford Railroad Conripany, 

OFFICERS. 

Title. Name. Location of Office. 



President and Treasurer | Chas. T. Wescott _ ' Baltimore, Md. 

General Manager, etc _ I W. E. Trenchard Guraberry, N. C. 



PROPERTY OPERATED. 



Prom Gumberry, N. C, to Jackson, N. C. (mile«)- 



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NORFOLK AND SOUTHERN RAILROAD COMPANY. 267 

CAPITAL STOCK. 



Capital stock— total amount Issued and outatanding . 



$45,000.00 



COST OF BOAD AND EaUIPHEHT. 



Equipment 

Construction 

Gro88 earnings 

Operating expenses 

Income from operation _ 
Taxes — 



No record. 

No record. 

$8,095.72 

4,583.20 



8,502.52 
136.98 



NorfolK and Southern Railroad Company. 



OFFICEBS. 



Title. 



President _ 

Vice-President , 

Secretary and Treasurer 

Attorney or General Counsel 

Attorneys 

Auditor 

General Manager 

General Superintendent _ _ 

Division Superintendent 

Division Superintendent 

Acting Superintendent Motive Power 

Engineer of Maintenance of Way 

General Freight and Passenger Agent 



Name. 

John Carstensen... 

Alfred Skltt 

Clarence Morgan _. 

Wm.H. White 

Pruden & Pruden.. 
George M. Glazier- 
Morris K. King .„. 

Wm. W.King 

A. M. Hawkins 

B.P.Holland 

John WhetfiUme... 

F. L. Nicholson 

H.C.Hudglns 



-1- 



Location of OfBce. 

New York, N. Y. 
New York,N.Y. 
New York, N.Y. 
Norfolk, Va. 
Edenton, N.C. 
Norfolk, Va. 
Norfolk, Va. 
Nt>rfolk, Va. 
Belhaven,N.C. 
Norfolk, Va. 
Berkley, Va. 
Norfolk, Va. 
Norfolk, Va. 



DIRECTORS. 

J. Carstensen, New York City ; Alfred Skitt, New York City ; Edward V. W. Rossiter, New York 
City; Walters. Johnston, New York City; Henry Sampson, New York City; Chauncey M. 
Depew, New York City ; Charles P. Cox, New York City ; George R.Turner, New York City ; W. 
B. Brooks, Baltimore, Md. Term expires March 5, 1908. 



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268 



N. C. CORPORATION COMMISSION. 



PROPSBTT OPERATED— Entire Line. 





TerminalB. 


Mile« of 

Line for 

Each Road 

Named. 


Name. 


From— 


To— 


J^orfolk ftnd Southern Railroad Co 


Berkley, Va 

Mackey 's Ferry,NC 

Norfolk, Va 

KempsvlUe, Va_- 


£denton,N.C 


75.49 




BeIhayen,N.C 


29. SO 




Virginia Beach, Va 

Munden Point, Va 


18.88 
22.14 


Total- _ __ 




146.29 


Miles in North Carolina 







82.76 



NAME OF STEAMERS, THE EARNINGS AND EXPENSES OF WHICH AFFECT THE 
GENERAL BALANCE SHEET. 

Neuse, Ply mouth, M. E. Dlckerman,N.L. Wagner, Haven Belle, Comet, C. W.PetUt, Lucy,Tho8, 
Newton, M. E. Roberts, Harbinger, Jno. W. Garrett, two tugs, fifteen car floats, lighters, etc. 



FUVDED DEBT. 



Class of Bond or 
Obligation. 



First mortgage . 
First mortgage . 



First mortgage 

Total mortgage bonds 
Grand total 



Time. 



Date of When 
Issue. Due. 



June 1, 
1891. 

Feb. 6, 



Jan. 26, 
1900. 



Mayl, 
1941. 

Mayl, 
1941. 

Mayl, 
1941. 



t 

Amount of < 

Authorized I 

Issue Per 1 

Mile of I 

Road. , 



Amount 
Issued. 



3750,000.00 



$10,000.00 I 



80,000.00 



I 520,000.00 



10,000.00 1,850,000.00 



10,000.00 1,850,000.00 



I 

Amount \ ^^^^' 

^^' 1 Issued. 



8750,000.00 I r46,060.00 



80,000.00 88,000.00 



520,000.00 ' 



1,850,000.00 888,060.00 



1,850,000.00 838,060.00 



Interest. 



Class of Bond or Obligation. 



Rate 
Per 

Cent 



First .mortgage 

First mortgage 

First mortgage 

Total mortgage bonds.. 



When 
Payable. 



May and Nov. 
,May and Nov, 
May and Nov. 



Amount 
Accrued Dur- 
ing Year. 



$37,500.00 

4,000.00 

26,000.00 



67,500.00 



Amount 

Paid During 

Year. 



$87,500.00 

4,000.00 

26,000.00 



67,600.00 



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NORFOLK AND SOUTHERN RAILROAD COMPANY. 



269 





BECAPITULATIOM. 
FOR MILEAGE OWNED. 






Account. 


I 

' Total 
Amcunt 
OulHtanding. 

1 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Line. 


Miles. 
146.28 


Amount. 


Capital stock 


$2,000,000.00 


$18,671.47 


Bonds 


1 1,350.000.00 




9,228.24 










Total 


3,.*^, 000. 00 




146.28 


22,899.71 









COST Of ROAD, BaUIPMSVT AND PERMANENT IH PROVE KEVTS. 

Cost to June 30, 1901 - $8,567, 689.02 

Cost to June 90, 1902 3,599,091. 19 

Cost per mile _ I 24.602.44 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income ftrom operation 

Miscellaneous income™ 

Income from other soui-ces . 

Total income _ — 

Deductions from Income— 

Interest on funded debt accrued- 



Interest on interest-bearing current liabilities accrued, not other- - 
wise provided for - — — ' 

Taxes _ 

Total deductions from Income 

Net Income 

Dividends, four percent, common stock _. 

Total - 

Surplus f^m operations of year ending June 30, 1902 

Surplus on June 80, 1901 [from "General Balance Sheet," 1901 Re- 



port], 



Surplus on June 80, 1902 [for entry on " General Balance Sheet"]. 



$709,388.97 
534.652.93 



13,317.48 



67,500.00 

964.:^ 
23,943.91 



80,000.00 



$174,736.04 
13,317.48 



188, 053. .'J2 



92,408.29 



95,645.23 
80,000.00 



15,645.23 

292,000.40 
307,645.68 



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270 



N. C. CORPORATION COMMISSION. 



CUBRKHT ASSETS AND LIABILITIES. 



Cash-y __ —- 

Due from agents _. 

Due from solvent companies and Individuals— 

Net traffic balances due from other companies 

Total— cash and current assets 

Total 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts— wages and salaries.. 

Miscellaneous ^_, 

Total— current liabilities __ — 

Balance— cash assets 

Total 1 — . 



Amount. 



$27,748.39 
14,256.»4 
38,2^1.68 
48,889.21 



129.181.22 



129,181.22 



32,709.82 
87,800.83 
2,584.80 



123,095.45 
6,085.77 



129,181.22 





COHPABATIVE GEVEEAL BALAVCE SHEET. 


June 30,1902. 


June 80, 1901. 




1 June 80, 1902. 


Year Ending 




ASSETS. 


r 




Total. 




1 Total. 

1 - -" ^ 
' 13,509,091.19 


Increase. 


Decrease. 


§3,507,689.02 
8,075.00 


Cost of road and equipment 


831,402.17 


Stocks owned 


8,700.00 


625.00 


. _ __ 


171,143.71 


Cash and current assets 


129,181.22 


1 $41,962.49 




OTHER ASSETS. 




1 


32,155.32 


Materials and supplies — - 


55,098.67 


22,943.35 1 


Grand total 

LIABILITIES. 


3,779,063.06 


8,792,071.08 


18,008.08 1 _. 






1 


2,000,000.00 

1,850,000.00 

125,755.18 

11,250.00 

67.47 


Capital stock__ _ 


2,000,000.00 


1 


Funded debt 


1,850,000.00 






Current liabilities .'_ 


128,095.45 

11,250.00 

80.00 




$2,659.78 


Accrued Interest on funded debt not 
yet payable — — - 




Accrued general Interest not yet 
payable 


22.58 




292,000.40 


Profit and loss . ..- 

Qrand total - ......... . ... .. 


807,645.63 


15,645.23 






3,779,068.06 


8,792,071.08 


18,008.08 









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NORFOLK AND SOUTHERN RAILROAD COMPANY. 



271 



EABVIHOS FBOM OPERATIOV. 



Item. 



Passenger— 

Passenger revenue 

I^ess repayments- 
Tickets redeemed ___. 

Excess fares refunded 

Total deductions 

Total passenger revenue- 
Mall _ 



Express _ 

Extra baggage and storage 

Total passenger earnings - _. 

Freight— 

Freight revenue 

hess repayments- 
Overcharges to shippers __ _ 

Total deductions _._ 

Total freight revenue 

Terminal 

Lighterage _ 

Coal sales _ 

Total freight earnings 

Other Earnings from Operation— 

Telegraph Companies 

Other sources. 

Total other earnings _> 



Total 
Receipts. 



$168,731.14 



Deductions. 

Account of 

Repayments, 



471,760.17 



Total gross earnings from operation— en- 



tire line . 



91ir7.25 



197.25 



7,561.85 ! 



,561.85 ! 



Actual 
Earnings. 



$168,588.89 
12,699.32 
5,487.36 
1,006.81 



187,677.88 



464,198.82 
4,485.21 

39,683.98 
8,607.60 



516,925.11 

881.07 
3,905.41 



4,786.48 
709,888.97 



HISCELLAVEOUS 


INCOME. 






Item. 


Gross 
Income. 


Less 
Expenses. 


Net Mis- 
cellaneous 
Income. 


Operating company's steamers . 


$115,935.58 

1,400.13 

1,091.41 

557.98 


- $106,667.62 


$10,267.96 

1,400.18 

1,09L41 

557.98 


Rents and leases 

Old material - _ . 


Interest on deposits 










Total - 


118,985.10 


105.667.62 


18,817.48 



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272 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Satire Line. 



Item. 



Passenger Traffic— 

Number of passengers carried earoing revenue 

Number of passengers carried one mile ___ 

Number of passengers carried one mile per mile of road 

Average distance carried— miles 

Total passenger revenue - 

Average amount received trom each passenger. 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road _. 

Passenger earnings per train mile 

Freight Traffic?— 

Number of tons carried of freight etirnlng revenue 

Number of tons carried one mile _ 

Number of tons carried one mile per mile of road 

Total freight revenue _ 

Average amount received for each ton of freight _ 

Average receipts per ton per mile _ 

Total freight earnings 

Freight earnings per mile of road _ 

Freight earnings per train mile.. 

Total Traffic— 

Gross earnings from operation _ 

Gross earnings from operation per mile of road ._. 

Gross earnings from operation per train mile 

Operating expenses - 

Operating expenses per mile of road 

Operating expenses per train mile ._ _ 

Income from operation 

Income from operation per mile of road 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Revenue and Rates. 



898,440 
8.087,677 
54,943 
20.17 



Do/lart. 



495,491 

24,538,359 

167,787 



168,533 



187,ff77 
1,282 



464,198 



C^U\MtlU, 



709,888 

4,849 

2 

534,652 

3,654 

1 

174,786 I 

1,194 



32 
98 
Oil 



516,925 


11 


3,588 


56 


8 1 


19 



298 
097 



Ol»l 



B84 

892 



2«B 



19 




19 


094 


93 




74 





65 


579 


04 




45 





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NORFOLK AND SOUTHERN RAILROAD COMPANY. 



273 



OPEBATIVO SZPBH8SS. 



Item. 



Amount. 



Recapitulation of Opbrating Expenses— 

Maintenance of way and stmctures 

Maintenance of eqalpment 

Oondacting transportation 

General expenses 

Qrand total 

Percentage of expenses to earnings— entire line . 



$161,388.68 

82,702.65 

248,179.44 

42,842.16 



584,662.96 
75.86 



FREIGHT TRA?nC MOVEMSVT. 



Commodity. 



Products of Agriculture— 

Grain 

Other mill products 

Hay -, 

Tobacco 

Cotton 

Fmlt and vegetables i 

Peanats 

Producth of Animals— 

Live stock 

Dressed meats 

Other packing-house products.. 
Poultry, game, and fish 

Products of Forest— 

Lnmber 

Logs 

Wood, ties, staves, shingles 

Mavufacture»— 

Petroleum and other oils 

Naval stores 

Other castings and machinery.. 

Fertilizer 

Merchandise 

Total tonnage— Entire line.. 



Freight 

Originating 

on this 

Road. 



Freight 
Received 
f^om Con- 

nectiog 

Roads and 

Other 

Carriers. 



Total Freight Tonnage. 



WhoU Tcmt. Whole Tons. 
5,948 
5,679 



8,487 

26,768 

4,619 

422 

286 

604 

14,770 

155,740 

-115,458 

15,488 



1,062 
7,218 
17,972 
88,468 



470,288 



1,016 
2,121 



22,116 



Whole Tona. 

5,948 

5,679 

490 

1,016 

10.608 

26,768 

4,619 

422 

286 

604 

14,770 

155,740 
115,458 
15,488 



1,062 

7,218 

17,972 

110,579 



405,491 



Percent, 

1.20 

1.15 

.10 

. .21 

2.14 

5.40 

.08 

.08 

.06 

.12 

298 

31.48 
28.80 
8.11 

, .17 

.22 

1.45 

8.68 

22.82 



100.00 



*^>- 



-18 



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274 



N. C: CORPORATION COMMISSION. 



Norfoll^ and Western Railway Company. 



OFPICEBS. 



Title. 



Obalrman of the Board 

Preflfdent 

Secretary 

Treasurer 

GKsneml Solicitor 

Attorney, or General Counsel 

Comptroller 

AudiioivQeneral 

Auditor, receipts 

General Manager and Vice-President. 

General Agent 

General Superintendent 

Engineer Maintenance of Way 

Division Superintendent- 

I!>lvlsion Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Superintendent of Telegraph 

Superintendent of Terminals 

General Freight Agent 

Assistant General Freight Agent 

General Passenger Agent 



Name. 



Henry Fink 

F J. Kimball 

A. J. Hemphill 

William G. McDowell 

Joseph I.Doran 

Victor MorawetK 

M.C.Jameson-. 

Joseph W. Coxe 

Walter McDowell 

L. E. Johnson 

N.M.Osborne 

James C. Cassell 

Charles S. Churchill 

Theo. Law, Norfolk Division 

A. C. Needles, Shenandoah Division. 

J. W. Cook, Radford Division 

V. A. Rlton, Pocahontas Division 

J. P. Connors, Scioto Division 

W. C. Walstrum 

E. S. Du Barry 

T. S. Davant 

O. Howard Royer 

W. B. Bevill 



Location of Office. 



New York, N.Y. 
Phlladelphia.Pa. 
Philadelphia, Pa. 
Roanoke, Va. 
Philadelphia, Pa. 
New York, N.Y. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va. 
Crewe, Va. 
Roanoke, Va. 
Roanoke Va. 
Bluefleld.W.Va. 
Portsmouth, Ohio. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 



ORGANIZATION. 

F.J. Kimball, Philadelphia, Pa.; Henry Flnk,New York,N. Y.; N.H Barnes, Philadelphia, 
Pa.; Joseph I.Doran, Philadelphia, Pa.; Victor Mora wetz, New York, N.Y. ; Walter H. Taylor, 
Norfolk, Va. ; J. Kennedy Tod, New York, N. Y. ; John P. Green, Philadelphia, Pa. ; 8. M. Prevoet, 
Philadelphia, Pa. ; Samuel Rea, Philadelphia, Pa. ; James McCrea, Pittsburg, Pa. Date of expl- 
•ation of term, October 9, 1902. 



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NORFOLK AND WESTERN RAILWAY COMPANY. 



275 



P&OPE&TT OPERATED. 





Terminals. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each Class 
of Roads 
Named. 


Norfolk and Western Railway- 
Main Une. - 

Branch 


Lynchburg 

Roanoke 

Roanoke 

Radford Junction. 
North Car. Junct.. 

Graham 

Portsmouth Juno. 

Petersburg.. 

Glade Spring. — 
Line of road 


Columbus, Ohio- 
Durham 

Hagerstown 

Winston -Salem. 

Bristol 

Fries 

Norton 

Cincinnati and 
Ivondale. 

City Point. .. 

SaltvUle 

Industries 


706.07 
115.48 
288.11 
121.80 
110.75 
48.49 
100.40 
105.92 

10.00 

9.88 

124.20 


1,541.47 
148.58 


ToUl 




1,685.00 



CAPITAL SrOCE. 



Description. 


Number 

of Shares 

Authorized. 


Par 

Value of 
Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Outr 
standing. 


Dividends Declared 
During Year. 




Rate. 


Amount. 


Capital stock— Common — 
Preferred- 


1660,000 
280,000 


SIOO.OO 
100.00 


$66,000,000 
28,000,000 


866,000,000 
23,000,000 


2 
4 


$1,280,884.00 
910,014.00 


Total 


880,000 


100.00 


89,000,000 j 89,000,000 





2,199,898.00 



BEC4PITUL4TI01f OF FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding, 


Interest. 


ClaAS of Debt. 


Amount Ac- 
crued Dur- 
ing Year. 


Amount 

Paid During 

Year. 


Mortgage bonds 

Miscellaneous obligations . 


$54,536,800.00 
5,000,000.00 
1,800.000.00 


$58,099,500.00 
2,000.00 
70,000.00 


$2,352,402.28 
5,375.00 


$2,826,681.55 


Equipment trust obligations 


6.887.50 


Total 


61,836,800.00 1 58.171.500.00 


2,357,777.23 


2,338,560.05 






. ' 





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276 



N. C. CORPORATION COMMISSION. 



CURREIfT ASSETS AND LIABILITIES. 



CASH AND CURRENT A8SBTS. 



Amount. 



Cash 

Due from ageute 

Due from solvent companies and Individuals 

Net traffic balances due trom other companies , 

Other cash assets 

Total cash and currentassets 

Balance current liabilities 

Total 

CURRENT LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Dividends not called for — 



$1,412,006.99 

844,186.92 

442,872.74 

183,376.04 

12,921.25 



2,845,202.94 
1,558,886.31 



8,899,069.25 



Matured interest coupons unpaid 

Miscellaneous 



721,688.27 

597,874.94 

1,068.00 

81,749.00 

2,566,794.04 



Total current liabilities 



3,899,009.25 



Materials and supplies on hand, $1,262,682. 15. 



BECAPITULATIOV. 
FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


Amount Per Mile of Ldne. 


Account. 


Miles. 


Amount. 


Capital stock 

Bonds — .....— ___- _ _.-> 


$88,000,000 

58,101.500 

70,000 


$88,000,000 

58,101,600 

70,000 


1,685 
1,685 
1,665 


$62,810 

81,514 

42 


Equipment trust obligations . . 


Total 


142,171.600 


142,171.500 




84,875 







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NORFOLK AND WESTERN RAILWAY COMPANY. 



277 



s 




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278 



N. C. CORPORATION COMMISSION. 



INCOME ACCOnNT— Entire Lint. 



Qroas earnings firom operation ., 


$17,552,204.98 




Less operating expenses . . 


9,688,512.10 








Income from operation 




37,868,692.88 


DlTldends on stocks owned 


12,600.00 




Interest on bonds owned 


12,482.88 




Miscellaneous income— less expenses 


49,802.07 




Income from otber sources 




74,894.45 








TolAl Income 


7,948,687.83 


Deductions from Income— 






Interest on ftinded debt accrued 


2,857,777.28 
452,715.89 








Other deductions— rental leased equipment 


10,000.00 








Total deductions from income 





2,820,492.62 



Net income.. 



_! 6,128,094.71 



Dlyidends,2 per cent, common stock 1,289,884.00 j 

Dividend8,4 per cent, preferred stock 910,014.00 , 

Total I , 

Surplus from operations of year ending June 80, 1902 

Surplus on June 80, 1901 [from " General Balance Sheet, " 1901 



Deductions for year - 

Surplus on June 30, 1902 [for entry on ** General Balance Sheet"] . 



2,199,398.00 
2,928,096.71 

2,683,471.12 
2,741,62L68 
2,815,546.20 



STOCKS OWNED. 
A. RAILWAY STOCKS. 



Name. 


Total 
Par Value. 


ValuaUon. 


Adjustment preferred Norfolk and Western Railway 


$247,200.00 

1,580,800.00 

6,200.00 

24,500.00 

49,400.00 

500.00 

2,500.00 


$247,200.00 


Ck>mmon 


1,580,800.00 


Norfolk and Portsmouth Belt Line Railroad.^ 

lager and Southern Railroad.. , 

Kenona and Bfg Sandy Railroad 

Southwest Virginia Railroad 

Tug River and North Fork Railroad 


6,200.00 

50,000.00 

4,940.00 

100.00 

100.00 


Tntftl - . ,, . . 


1,861,100.00 


1,889,84a 00 





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NORFOLK AND WESTERN RAILWAY COMPANY. 



279 



STOCKS OWH£D-.Coniimiied. 

B. OTHER STOCKS. 



Name. 


Total 
Par Value. 


Rnte. 
Per 

Cent. 


Income 

or Dividend 

Received. 


Valuation. 


Old Dominion Steamship Co 

Virginia Company : _. 


9210,000.00 

100,000.00 

1,118.00 

997,000.00 


6 


$12,600.00 


$158,20a00 
25,000.00 


Sandry stocks — small accounts 







170.00 


Pocabuntas Coal and Coke Co 


500,000.00 




. — 


Total _ 

Grand total A and B 


1,806,118.00 
3,109,213.00 





12,600.00 
12,600.00 


688,870.00 
2,522.710.00 



EARKIVOS FROK OPERATIONS— State of North Carolina. 



Item. 



Passenger— 

Passenger revenue — 

Total deductions 

Total passenger revenue. .» 

Mail 

Express 



Total 
Receipts.. 



$15,787.51 



Total passenger earnings 

Pbeight— 

Freight revenue 

Total deductions 

Total freight revenue _ 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operations— 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C — 

Total gross earnings trom operation— entire 
line 



248,060.832 



525.00 
341.82 



Deductions 

Account of 

Repayments, 

etc. 



8887.53 



2,841.34 



Actual 
Elamings. 



$44,850.01 
5,507.76 
2,083.99 



52,531.76» 



245,188.08 
245,188.98 



287,720.74 



866.82 



17, 



298,587.56 
552,204.98 



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280 



N. C. CORPORATION COMMISSION. 



BOVOS OWHED. 
A. RAILWAY BONDS. 



Name. 


Total 
Par Value. 


Rate 

Per 

Cent. 


Income 
or Interest 
Received. 


ValoaUon. 


First consolidated mortgage, N. and W. Rwy. 

Beaverdam Railroad 

Virginia and Carolina Railroad 


$19,800.00 
28,600.00 
57,600.00 
56,000.00 
40,000.00 


1 


$19,750.00 
28,500.00 
57,500.00 
23, 75a 00 
15,000.00 


5 
5 


$1,290.60 
2,875.00 


Radford Southern Railroad and Mining Ck> 


Marlon and Rye Valley Railroad . 










Total - 


196,800.00 


1 4,165.60 


130,500.00 



B. OTHER BONDS. 



Name. 


Total 
Par Value. 


Rate. 

Per 

Cent. 


Income 
or Interest Valuation. 
Received. 


Pocahuutas Coal and Coke Co 


$500,000.00 

180,000.00 

700.00 


4 


$8,277.78 fi600.OQO.00 


Virarinla Comnanv *. 




130,000.00 
• 

625.00 


Roanoke Railway and Electric Co 


7 


49.00 


Total 

Qrand total A and B . 


630,700.00 
827,500.00 





8,826.78 
12,492.88 


680.525.00 
770,025.00 







BEVTAL8 RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Incased. 


Item. 


TotaL 


Tracks — 


Columbus, O 


Columbus T.AT.Co 

C. A. A C. Railway 

N.andS.R.R 


$4,999.92 
9,737.76 
1,997.60 






Columbus, O 






Norfolk, Va- 

Norfolk, Va 






N.andS.R.R .. . 

R. <fe P. R. R 




Total 

Terminals 


4,977.10 

284.31 

1,860.00 

1,200.00 

860.00 

to. 00 

841.54 

478.32 

718.82 


$16,735.18 




Petersburgi Va _. 






Lynchburg, Va 


Southern Railway 

C.and V. Railway 

C.andW.R.R 






Ly ncbburg, Va 

Elkton,Va . 

Shenandoah Jet. W. Va. 
Bristol, Va 






B.&O.R.R 

Southern Railway. 
C.<t V. Railway 






Kenona, W. Va 

Kenona, W. Va 






Ohio River R.R 




Total 




10,790.50 




- 









Grand total rents 
received. 


27,534.77 



Digitized by 



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NOM^OLK AND WESTERN RAILWAY COMPANY. 



281 



OPEKATIV& EXPEHSES. 



Item. 



RECAPITUIiATION OF EXPENSES— 

MalntenaDce of way and structaree 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnlngs-^entlre line 

Operating Expenses— North CAROiiiNA— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Percentage of expenses to earnings— North Carolina . 



Amount. 



S2,*131,048.35 

2,334,585.92 

4,853,109.20 

364,768.63 



9,683,512.10 
55.17 



82,218,47 
46,137.90 
87,805.84 



222,445.86 
74.50 





COKPARATIVE GENERAL BALAHCE SHEET 




June 80, 1901. 


assets. 


June 80, 1902. 


Year Ending June 30, 1902. 


Total. 


Total. 


Increase. 


Decrease. 


1127,066,206.54 
11,918,891.66 
8,301,582.50 
1,815,250.00 
2,606,571.16 

1,091.789.63 


Cost of road - 

Cost of equipment 

Stocks owned 

Bonds owned .. — 


$130,105,569.94 

12,483,021.25 

2,522,710.00 

770,025.00 

2,345,202.94 

1,262,632.15 


$3,069,861.40 
564,629.50 




$778,872.50 




1,045,225.00 
160,368 22 


Cash and current assets. 




other assets. 

Material and supplies 

Grand total 

LIABIIilTIES. • 
Canltal stock 


170,892.52 






147.698,748.49 


149,489,161.28 


1,790,417.79 






89,000,000.00 
51,283,500.00 
4,216,781.54 

565,040.83 
2,688,471.12 


89.000,000.00 
58,171,500.00 
3,899,069.25 

603,045.88 
2,816.546.20 






Funded debt 

Current liabilities 

Accrued Interest on funded debt not 
yet payable _ _ -—__-_„ _ 


1,888,000.00 




317,662.29 


38,005.00 
182,075.08 




Profit and loss . 






147,696,748.49 


149,489,161.28 


1,790,417.79 









Digitized by 



Google 



282 



N. C. CORPORATION COMMISSION. 
XI8CELL4HE0US IVCOME. 



Item. 


QroM 
Income. 


V 

Net 

[Mlficellaneoas 

Income. 


Interest and discount - — 


$49,802.07 


$49,802.07 


Total 


49,802.07 


«l,802.07 



EMPLOYEES AND SALARIES-^State of Horth Carolina 



Class. 



General oflElcers _ 

General office clerks 

Station agents _ 

Other station men 

Enginemen — 

Firemen 

CoQductors _ 

Other trainmen _ 

Carpenters — 

Other shopmen 

Section foremen 

Other trackmen 

Switchmen, flagmen, aod watchmen 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (Including "General Officers")— 
North Carolina 

Less "General Officers" 

Total (excluding "General Officers")— 
North Carolina — 

Distribution of above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers")— 
North Carolina 

Less " General Officers" 

Total (excluding "General Officers")— 
North Carolina 

Total (including " General Officers")— en- 
tire line- - — 



Number. 



^40 
6 



21 

•leo 

11 

148 



a40 



334 
18,488 



Total 
Number 
of Days 
Worked. 



Ti>tal 

Yearly Com- 

ponsalion. 



2,190 

5,475 

5,842 

5,»47 

10,002 

10,002 

2,806 

4,786 

1,680 

3,828 

4,014 

19,731 

105 

1,105 

15,356 

91,619 

2,190 



$8,238.12 

10,457.25 

8,917.60 

5,898.80 

48,831.06 

21,915.98 

8,577.66 

9,985.06 

2,589.20 

4,867.75 

5,184.00 

20,206.89 

138.22 

1,590.85 

20,496.28 



172,890.12 
8,238,12 



89,429 



7,665 
88,728 

3,828 
41,406 



91,619 
2,190 



89.429 
8,964,149 



164,652.00 



18,605.87 

46,663.40 

4,867.75 

102,663.60 



172,890.12 
8,238.12 



1*4.652.00 
6,968.820.09 



Average 
Dally 

Coil) pen- 
sation. 



$3.76 
1.91 
1.53 
1.10 
4.38 
2.19 
3.72 
2.11 
hU 
1.27 
l.» . 
1.02 
1.32 
1.44 
1.33 



L89 



3.76 



1.84 



2.44 
1.21 
1.27 
2.48 



1.89 
8.76 



1.84 
1.76 



Digitized by 



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NORFOLK AND WESTERN RAILWAY COMPANY. 



283 



T&APFIC AHO MILEAGS STATISTICS-^tate of Vorth Carolina. 



Items 



PAS8XNGBB PRAFFIO— 

Number of passengers carried earning revenue 

Namber of passengers carried one mile 

Namber of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received Arom each passenger 

Average receipts per passenger per mile . 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of fk^igbt earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles.. 

Total fl?elght revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile ^ 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

ToTAii Traffic— 

Gross earnings trom operation 

Gross earnings trom operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 1 

Income fh>m operation 

Income from operation per mile of road 



Numbor 
Passengers, 
Tonnage, 
and Car 
Mileage. 



86,448 

1,741,022 

19,888 

20.14 



828,024 

35,918,678 

8,908 

48.87 



Revenue and Rates. 



DoUar*. 



OmtaMUU 



44,850 



52,531 



245,188 



245,188 
2,729 

1 

298,587 

3,824 

1 

222,445 
2,476 



76,141 

847 



98 



881 
576 



511 



611 



890 



851 



718 



Digitized by 



Google 



284: 



N. C. CORPORATION COMMISSION. 



TRAFFIC AHB MILEAGE STATISTICS— Entire Line. 



Item. 



Passbngbb Tbappio— 

Number of passengers carried eamlDg revenue . 
Number of passengers carried one mile 



Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received fh>m each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Tbaffio— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight- 
Average receipts per ton per mile .„ 

Total Arelght earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings fJrom operation 

Qross earnings Arom operation per mile of road 

Gross earnings Arom operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



2,680,615 
101,275,087 
60,391 
38.50 



12,268,100 
3,151,911,924 
1,879,494 
256.92 



Income fh>m operation per mile of road . 



Revenue and Rates. 



DoUatn. Oentt MilU. 



2,879,475 



2,822,798 

1,688 

1 



14,591,2^ 
1 

14,594.280 

8,702 

2 

17,582,204 

10,466 

1 

9,688,512 

5,774 

1 

7,868,692 

4,692 



61 



458 
360 



582 



961 
468 



277 



509 



792 



Digitized by 



Google 



NORFOLK AND WESTERN RAILWAY COMPANY. 



285 



TAXES AVD A88I881ISVT8 07 ALL KBIDS. 





Ad Valorem 

Tax on Real 

and Personal 

Property. 


Specific Tax. 


Internal 

Revenue, U. 

8. Gtovem- 

ment. 




State or Territory. 


On Stocks, 

Bonds. 
Loans, Etc. 


On Gross or 
Net Eam- 
Ings, Reve- 
nue or 
Dividends. 


Total. 


Virgrlnla 

Weet Virginia . 


t227,40a40 

56,878.60 

1,025.40 

6,336.78 

84,10 

89,616.71 


$11,556.84 M5.280.a2 




$304,187.66 


220.00 

2.917.80 

486,70 


19,580.04 
122.57 




76,687 54 

8.048.20 

6,896.05 

84.10 


Maryland 1 

North Carolina 

Kentucky __ __ 





Ohio 


10,037.27 


2,538.88 




52,102.86 
8,724.08 




$8,724.08 












Total 


881,841.89 


25,168.61 


87,480.81 


8, 724. OS 


462,715.89 



r&BIGHT TRAFFIC MOySHEVT— Entire Line. 



Commodity. 



Products of Agbiculturb— 

Grain 

Flour 

Other mill products '.. 

Hay 

Tobacco 

Cotton 

Fruit and Vegetables 

Pbgducts of Anikals— 

Live stock 

Dressed meats..^ 

Other packing-honie products. 

Poultry, game and fish 

Wool 

Hides and leather 

Pbgducts of Mines— 

Anthracite Coal 

Bituminous ooal 



Freight 



Freight 

Originating 

on this 

Road. 


neceivea 
from Con- 
necting 
Roads aud 
Other 
Carriers. 


Total Freight Tonnage. 


tVhoUTans. 


WTiole Tons. 


Whole Tons. 


Per Cent, 


85,928 


' 121,220 


207,018 


1.69 


32,896 


92,782 


125,628 


1.02 


24,558 


25,206 


49,764 


.40 


21,779 


67,442 


80,221 


.78 


84,789 


27,297 


62,066 


.51 


407 


24,225 


24,682 


.20 


61,018 


86,889 


97.857 


.80 


42,807 


12,586 


54,848 


.45 


142 


10,109 


10,941 


.06 


6.480 


85,862 


41,792 


.84 


127 


1,802 


1.489 


.01 


770 


5,228 


5,996 


.06 


9,500 


18,241 


27.741 


.28 


820 


31,985 


32,755 


.27 


5,880^960 


157,858 


5,588,813 


45.14 


1,470,981 


14,722 


1,485,658 


12.11 



Digitized by 



Google 



284: 



N. C. CORPORATION COMMISSION. 



TB4FFIC AHB MILEAGE STATISTICS— Entire Line. 



Item. 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



Beyenue and Rates. 



Passengeb Traffic— 

Number of passengers carried earning revenue . 
Number of passengers carried one mile 



DoUan. 



Number of passengers carried one mile per mile of road 

Average distance carried miles.. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings _ 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue . 

Number of tons carried one mile 

Number of tons carried one mile per mile of road .. 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total firelght earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings fh>m operation 

Gross earnings trotn operation per mile of road 

Gross earnings ftom operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income fh>m operation per mile of road 



2,680,615 
101,275,087 
60,891 
38.50 



2,879,475 



12,268,100 
8,151,911,924 
1,879,494 
256.92 



14,591,280 
I 



14,594.2^ 

8,702 

2 

17,552,204 

10,466 

1 

9,688,512 

5,774 

1 

7,868,692 

4,692 



OenUMiiU, 



850 



961 
468 



277 



569 



792 



Digitized by 



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NORFOLK AND WESTERN RAILWAY COMPANY. 



285 



TAXIS AMD A88E88MEJT8 07 ALL KBIDS. 





Ad Valorem 

Tax on Real 

and Personal 

Property. 


Specific Tax. 


Internal 
Revenue, U. 
8. Govern- 
ment. 




State or Territory. 


On Stocks, 

Bonds, 
Loans, £tc. 


On Gross or 
Net Earn- 
ings, Reve- 
nue or 

Dividends. 


Total. 


Virginia 

We«t Virginia 


$227,400.40 

56,878.50 

1,025.40 

6,336.78 

84,10 

89,616.71 


$11,556.84 

220.00 

2.917.80 

436,70 


$65,230.82 
19,589.04 




$304,187.56 
76,687 54 




Maryland 1 

North CSarollna 




3,943.20 


122.57 




6,896.05 
84.10 


Kentucky 




Ohio 


10,087.27 


2,538.88 




52,192.86 
8,724.08 




$8,724.08 












TotAl 


881,341.89 


25,168.61 


87,480.81 


8, 724. OS 


452,715.39 



r&EIGHT TRAFFIC MOVEHEVT— Entire Line. 



Commodity. 



FrelKht 

Originating 

on this 

Road. 



Freight 
Received 
from Con- 
necting 
Roads and 
Other 
Carriers. 



Total Freight Tonnage. 



Pboducts of Agriculturb— 

Grain 

Flour 

Other mill products 

Tobacco 

Cotton 

Fruit and Vegetables 

Products of Anikaijb— 

Live stock 



Dreesed meats^ 



Other packing-house products 

Poultry, game and flsh 

Wool 



Hides and leather 

Products of Mines— 

Anthracite Coal 

Bituminous coal 

Coke 



tVhoU Torn. 

85,928 
32,896 
24,558 
21,779 
84,789 
407 
61,018 

42,807 
142 

6,480 
127 
T70 

9,500 



5,380^960 
1,470,981 



Whole ToTU, 
* 121.220 
92.782 
25,206 
67,442 
27,297 
24,225 
86,839 

12,536 
10,199 
85,862 
1,802 
5,228 
18,241 

81,085 

157,858 

14,722 



Whole Toa9, 
207,018 
125,628 
49,764 
89,221 
62,086 
24,682 
97,857 

54,848 
10,841 
41,792 
1,489 
5,996 
27.741 

32,755 
5,588,813 
1,485,658 



Per Cent, 
1.69 
1.02 
.40 
.78 
.61 
.20 
.80 

.45 
.06 
.84 
.01 
.06 
.28 



46.14 
12.11 



Digitized by 



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286 



N. C. CORPORATION COMMISSION. 
rBEIOST TBAFHC KOYSMIHT— Bntire Line— Coatiaved. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 
Received 
from Con- 
necting 
Roads and 

Other 
Carriers. 


Total Freight Tonnage. 


Pboducts op Mines— Continued. 

Orw -. . 


WhoUTmu. 
456,852 
650,788 

788,356 

5,568 

3,252 

209 

896,019 

1,022 

40,856 

24,108 

114.634 

2,800 

4,880 

12,201 

10,647 

123,761 

88,602 


WTioUTmt. 
421,789 
129,097 

441,469 

88,942 

42,274 

859 

63,505 

47,785 

96.624 

63,867 

68,801 

7,758 

6,368 

10,768 

10,499 

220,278 

180,271 


ff^hote TonM. 
878,091 
679, 8Q0 

1,229,8^ 

39,510 

45,526 

568 

459,524 
48,757 

186,980 
87,975 

178,485 
10,068 
10,098 
22,951 
21,146 

344,069 

218,873 


PwrOenL 
7.16 


Stone, land and other like articles 

Products of Fobest— 

MANUPACTURaS- 

Petroleum and other oils - 


5.54 

10.02 

.82 


Naval stores — . 


.87 


Iron, Pig and Bloom 


8.76 


Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick, and lime . 


.40 
1.12 

.72 
1.45 


Agricultural implemenU 

Wagons, carriages, tools, etc 


.06 
.OS 


Wines, liquors, and beers _. 

Household goods and ftirniture — 

Merchandise. - 

Miscellaneous— 

Other commodities not mentioned above.. 


.19 

.17 

2.81 

1.79 


Total tonnage— entire line 

Total tonnage— North Carolina 


9.795,862 
660,763 


2,472,288 
167,261 


12.268,100 
828,0S24 


100.00 
100.00 



KILEAaS. 
A. MILEAGE OP LINE OPERATED (By States). 



State or Territory. 



Virginia 

West Virginia .. 

Maryland 

North Carolina . 

Kentucky 

Ohio 



Total mileage operated (single 
track) 



Line Represented by 
Capital Stock. 



Main 
Line. 



Branches 
aud Spurs 



953.90 

240.75 

15.58 

87.84 

29 

243.61 



91.92 
47.56 



2.48 



1.57 



Total 

Mileage 

Operated. 



1,015.82 

288.81 

15.58 

89.82 

29 

245.18 



New 
Line Con- 
structed 
During 

Year. 



90 
11.58 



105.92 



1.641.47 



143.58 1,685.00 



118.40 



Rails. 



Iron. 



Steel. 



9.66 



9.66 



1,066.16 

288.81 

15.68 

89.82 

29 

245.18 



1,676.34 



Google 



Digitized by 



RALEIGH AND CAPE FEAR RAILWAY COMPANY. 
B MILEAGE OF LINE OWNED (By States). 



287 



state or Territory. 



Virginia 

West Virginia. 



Maryland 

North Carolina 

Kentucky 

Ohio 



Main Line. 



Total mileage owned (single 
track) 



Line Represented by 
Capital Stock. 



Branches 
and Spun. 



058.90 

240.75 

15.5$ 

S7.84 

29 

243.61 



Total 
Mileage 
Owned. 



91.02 
«r.56 



2.48 I 



1.57 



1,015.82 

288.81 

15.58 

89.82 

29 

245.18 



1,541.47 148. i 



1,685.00 



New 
Line Con- 
structed 
During 
Year. 



90 
11.58 



105.92 



118.40 



Kails. 



Iron. 



0.66 



9.66 



Steel. 



1.086.16 

288.81 

15.58 

89.82 

29 

245.18 



1,675.34 



New Hanover Transit Company. 



PROPERTY OPERATED. 



Cape Fear River to ocean (mlies).. 



Raleigh and Cape fear Railway Company. 



OFnCERS. 



Title. 


Name. 


Location or Office. 


President and General Manager 

Vice-President 


John A. Mills- 

W. W. Mills 

R. N. SImms 


Raleigh, N.C. 
Raleigh, N.C. 


*ft_f>rnev - - 


Raleigh, N.C. 


i4iH>r(>tArv and Treft8ur<>r ...... 


P T. Rlcka __ - - _ 


Raleigh, N.C. 







Digitized by 



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288 



N. C. CORPORATION COMMISSION. 



DIRICT0B8. 

John A. Mills, Raleigh, N. C; W. W. Mills, Raleigh, N. C; C. G. Latto, Raleigh, N. C; F. T. 
Ricks, Raleigh, N. C; K. B. Johnson, Raleigh, N. C; J. R. Chamberlain, Raleigh, N. C; P. O. 
Morlng, Raleigh, N. C. 

PBOPEBTT OPERATED. 



Raleigh and Cape Fear— Caraleigh Mills to Slppahaw (miles) 

Southern Railway— Raleigh to Caraleigh Mills— trackage rights (miles) 

Total _ 



19.00 
1.80 



ao.80 



CAPITAL STOCK. 



Capital stock 

Funded debt (bonds issued but not sold) 

Cash realized on same (deposited as collateral) 



$110,500.00 
00,000.00 
88,150.00 



CONSTRUCTION AND EQUIPMENT. 



Cost of construction. .« 
Cost of equipment 



$122,097.65 
19,006.22 



INCOME ACCOUNT. 



OroBS earnings from operation 

Less operating expenses 

Income from operation — 

Taxes 

Surplus on June 80, 1902 »» 

Deductions, damages, etc.. 

Surplus for entry on General Balance Sheet.. 



$25,130.75 
18,0Se.8O 



12,049.95 
416.05 



11,6 
2,7S4.50 



8,849.40 



EARNINGS FROM OPERATION. 



Passenger earnings 

Freight earnings 

Total freight and passenger earnings 



$5,651.05 
19,488.70 



25,189.75 



RENTS PAID. 



Southern Railway— Caraleigh Mills to Ralelgh. 



$1,184.96 



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RALEIGH AND CAPE FEAR RAILWAY COMPANY. 



289 



CURRENT ASSETS AED LIABILITIES. 



CASH AND CURRENT ASSETS. 



Cash 

Bills receivable 

Due Arom agents 

Due from solvent companies and individuals 

Other assets 

Total cash and current assets 

Balance current liabilities >. 

Total 

CURRENT LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Total current liabilities 



Amount. 



S3, 532. 31 

401.00 

1,802. 58 

6,406.54 

8»6a7.52 



15,810.90 
22,844.47 



37,655.37 



35,872.02 
1,788.35 



37,656.37 



ASSETS. 



Cost of road 

Cost of equipment . 

Bonds not sold 

Total 



$122,087.65 
19.606.22 
60,000.00 



201,693.87 



LIABILITIES 

Capital stock 

Funded debt 

Liabilities— balance 

Profit and loss _ 

Total 



$110,500.00 

60,000.00 

22,344.47 

8,849.40 



201,693.87 



-19 



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290 



N. C. CORPORATION COMMISSION. 



Red Springs and Bowmore Railroad Company. 



0FFICEB8. 



Title. 


Name. 


Location of Office. 


President _ 


W.F.WIllIamB 


Red Springs. 
Red Springs. 


Treasurer 


J. Y. Williams 







PBOPE&TT OPERATED. 



Red Springs to Bowmore and Wagram (miles) . 

Cost of road 

Cost of equipment 

Gross earnings 

Expenses — 

Taxes paid 



20 

$38,ooa.-<» 

3,000.00 

5,000.00 

5,000.00 

«8.50 



SuffolK and Carolina Railway Company. 



OFFICERS. 



Title. 



Chairman of the Board 

President - 

First Vice President. — 

Second Vice-President 

Secretary 

Treasurer 

General Solicitor 

Attorney or General Counsel 

Attorney or General Counsel __ 

Auditor 

General Manager and Freight Agent- 
Superintendent 



Name. 



Wm.H.Bosley 

Wm.H.Bosley 

J.H.Cottman 

Chas. H. Tllghman— 

John S. Gittings 

Charles F.Pitt,Jr 

A. H. Taylor 

E.E.Holland 

Pruden A, Pruden... 

C. L. Hutchius 

George L. Barton 

Henry Croker 



Location of Office. 



Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
BalUmore,Md. 
BalUmore,Md. 
Suffolk, Va. 
Edenton,N.C. 
Suffolk, Va. 
Suffolk, Va. 
Sum>lk,Va. 



DIRECTORS. 

Wm. H. Bosley, Baltimore, Md. ; C. H. Tilghman, Baltimore, Md. ; John M. Denison, Baltimore, 
Md. ; W. C. Seddon, Baltimore, Md. ; Charles F. Pitt, Jr., BalUmore, Md. ; Wm. B. Cline, BalUmore, 
Md. ; A. H. Rutherford, Baltimore, Md. ; J. H. Cottma n, Baltimore, Md. Term expires October, 
1902, or when their successors are chosen. , 



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SUFFOLK AND CAROLINA RAILWAY COMPANY. 



291 





PBOPSBTT OPERATED. 








Terminals. 


Miles of 

Line for 

Each 

Road 

Named. 


Miles of 
Line for 


Name. 


From— 


To- 


Each ClasB 
of Roads 
Named. 


Suffolk and Carolina Railway Co. 
Operated in N. C 


Suffolk, Va 

Suffolk, Va 

Brinkley, Va . 


Center HUl,N.C - 
Brinkley, Va 
Center Hill, N.C-- 


88 
14 
24 


88 
H 
24- 







CU&EEHT ASSETS AVB LIABILITIS8. 



CASH AND CURBENT AS8STS. 



Cash 

Bills receivable 

Due from agents 

Due fh>m solvent companies and individuals.. 



Net traffic balances due Arom other companies., 
Other cash assets 



Total— cash and current assets . 

Balance— current liabilities 

Total 



CUBBBNT LIABILITIBS. 



Loans and bills i)ayable-. 



Audited vouchers and accounts 

Wages and salaries 



Matured interest coupons unpaid (including coupons due July 1) 

Total— current Uabllitiee 

Total 



Amount. 



S8,558.67 
7,084.22 
1,896.94 

82,855.16 

227.57 

1,184.40 



46,801.95 
28,405.78 



69,707.73 



57,065.00 

8,942.50 

8,000.28 

700.00 



69,707,78 



69,707.78 



Materials and supplies on hand, $5,824.89. 



COST OF KOAB, EQUIPMBVT AHD PERMAVEVT IMPBOVEMEHTS. 



Item. 



Total equipment 

Total construction 



Grand total cost oonstruotion, equipment, etc 

Total cost construction, equipment, etc.— State of 
North Carolina 



Total Cost to 
June 80, 1901. 



$68,454.85 
464,689.88 



Total Cost to 
June 80, 1902. 



$81,582.14 
580,742.47 



688.144.68 ' 



886,722.96 



612,824.61 



886,781.88 



Cost Per Mile. 



$2,146.90 
18,966.91 



16,118.81 
10,177.14 



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292 



N. C. CORPORATION COMMISSION. 



nrcoMB Accomrr. 






Gross eamings Ax>in operation . _ 


171.941.46 
38,274.43 




Less operating expenses. 








Income flrom operation 

Total Income. — 

Deductions from Incomb— 

Tnt-Arpifft on ^n^M) <1eM<^''^rn<>4 ,,„^^. . 


83,667.08 

8,400.00 

242.28 
1,260.12 
2,538.50 


188, 667. OS 


Interest on Interestrbearing current liabilities accrued, not oth- 
erwise provided for 

Permanent improvements 

Total deductions flrom income. — 


12,490.99 









Net income 

Surplus from operations of year ending June 80, 19(B 


21,236.04 
21,236.01 


Surplus on June 30, 1901 [Arom " General Balance Sheet," 1901 Re- 
Surplus on June 30, 1902 [for entry on " General Balance Sheet" 





103,520.44 
124,756.48 



EAaVIVaS F&OH OPEGliTIOF— Horth Carolina. 



Item. 



PAfiSENGEB— 

Passenger revenue . 
MaU 



Total passenger earnings . 
Frbioht^ 

Freight revenue . 



Total freight earnings — 

Total passenger and freight earnings . 
Total gross earnings flrom operation—N. 0. 



Total 
Receipts. 



Total g^ross earnings Arom operation-entire line 



S4.787.78 
966.08 



36,779.10 



Actual 
Earnings. 



85,743.81 



36,779.10 



42,522.92 
42,522.^2 
71,941.46 



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SUFFOLK AND CAROLINA RAILWAY COMPANY. 



293 



OPEBATIVG EXPENSES. 

Item. 

Recapitulation of Operating Expenses— 

Maintenance of way and straotares 

Maintenance of equipment 

Ck>nductlng transportation 

Qeneral Expenses 

Grand total 

Percentage of expenses to earnings— entire line 

QpEBATiNa Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



87,865.25 
5,461.26 

19.810.48 
5,687.49 



88,274.48 
68.20 



4,967.58 
8,449.22 
12,196.06 
8,560.52 



24,178.88 
66.85 





COMFABATIYB GEHEBAL BALAHCE SHEET. 




June 80, 1901. 


ARRETS. 


Year 
Total. 


Ending June 80, 1902. 


Total. 


Increase. 


Decrease. 


(164,689.83 


Cost of road 

Cost of equipment 


9580,742.47 
81,582.14 
70,518.26 
46,801.95 

5,824.39 


$66,052.64 
18,127.29 




68,454.85 
70,513.26 




Other permanent investments 

Cash and current assets 

OTHER ASSETS. 

Mat4?iriftl8 and suppllw . 




43,436.42 


2,865.68 
1,696.47 




3,628.92 
2,000.00 




Sinking fund 


92,000.00 






652,728.28 


784,464.21 


88,740.08 


2,000.00 




400,000.00 

140,000.00 

9,202.84 

106,520.44 


liabilities. 

Capital stock 

Funded debt ___^ , 


400,000.00 
140,000.00 
69,707.78 
124,756.48 






60,504.80 
21,286.04 




Current llabUltles 

Profit and loss _ 

Grand total. 






652,728.28 


734,46121 


81,740.08 









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29i 



Ni C. CORPORATION COMMISSION. 



TBAFFIC AVD MILEA&E STATISTICS— Vorth CaroUna. 



Item. 



Passenger Tbaffio— 

Number of passengers carried eamiDg revenue 

Number of passengers carried one mile 

Number of pcusengers carried one mile per mile of road 

Average distance carried — _— miles.. 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Fn^iQHT Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton miles.. 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings trom operation 

Groos earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income flrom operation 

Income flrom operation per mile of road 

Car Mileage, Etc.— 

Mileage of passenger cars . 

Average number of passenger cars In train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight* cars— south or west 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



10,456 
179, 4W 
4,906 
17.11 



81,974 
887,118 
34,880 
26.18 



46,946 

2.91 

11 

186,021 

24,940 



Columns for Revenue 
and Rates. 



DoUara. 



4,787 



5,748 



86,779 

1 



36,779 
1,582 



CenU MUU. 

I 



74 ! 

45 I 7W) 
02 j « 607 
82 

38 ' 

I 

85 ! 607 



45,486 

1,893 

1 

24,178 
1.007 



21,268 



11 I 

15 ! 029 
01 I 394 

11 , 

46 , 

95 I .629 

71 ; 

19 • 

18 I 508 



22; 

62 ; 853 



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TRANSYLVANIA RAILWAY COMPANY. 



295 



TRAFFIC AVD MILEAGE STATISTICS— Vorth Carolina— Continved. 



Item. 



Number 
Passengers, 
Tonnage, 
and Car 
Mileage. 



h 



Cab Mileaok, EJtc— Continued. \ 

Mileage of empty freight cars— north or east 9, 426 

Mileage of empty flight cars— south or west. .1 172, 260 

Average number of freight cars in train 10.21 

Average number of loaded cars In train ' 5.49 

Average nomber of empty cars In train 4.72 

Average number of tons of ft^lght In train ] 21.77 

Average number of tons of ftelgbt In each loaded car..i 8.97 

Average mileage operated during the year ; 24 



Revenue and Rates. 



Dollar: 


CenU 


MUl9. 





















— -- 






Transylvania Railway Company. 



OFFICERS. 



Title. 



President...! 

Secretary 

Auditor, Freight and Passenger Agent 

General Manager and Traffic Manager 

Chief Engineer and Superintendent 



Name. 



E.B.Alsop 

C. H. Stolzenback .. 

A.K.Orr 

J.F.Hays.-., 

Fleming Ramsaur.. 



Location of Office. 



Pittflburg, Pa. 
Pittsburg, Pa. 
Brevard, N.C. 
Brevard, N.C. 
Brevard, N. C. 



DIRECTORS. 

E.B. Alsop, W. P. Patten, C. U. Stolzenback, G. W. Eislenbles, E. H. Jennings, Pittsburg, Pa. ; 
J. P. Cunningham, New Castle, Pa. ; J. F. Hays, Brevard, N. C. 

PROPERTT OPERATED. 



Hendersonville to Toxaway (miles) 

Trackage righta at Hendersonville (miles). 
Total (miles) 



30.87 
.34 



81.21 



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290 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Capital stock . 
Funded debt- 
Cost of road .. 



$320,000.00 
160,00a 00 
100,000.00 



IHCOHE ACCOUNT. 



Gross earnings 

Less operating expenses 

Income Ax>m operation . 

Interest on ftinded debt 

Taxes 

Total deductions 

Deficit 

Surplus June 80, 1901 

Surplus June 80, 1002 



S24.420.41 
15,100.94 



8,640.00 
1,060.16 



$9,319.47 



9,700.15 

80.68 

3,122.39 

2,741.71 



Warrenton (Railroad Company. 







0PFICEB8. 






Title. 


1 

Name. 


Liooatlon of OflEloe. 


President 






William J. White 


Warrenton, N. C. 


Treasurer «_ - 






•T. M. OftrdriAr 


Warrenton, N. C. 









PBOPEBTT OPERATED. 



Warrenton to Warren Plains (miles) 



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WELLINGTON AND POWELLS^'ILLE RAILROAD COMPANY. 297 



CAPITAL STOCK, Etc. 



Capital stock. 



Fanded debt 

CoBt of Road 

Cost of equipment 

Crross earalngfl 

Operating expenses.. 
Taxes paid 



912,800.00 
6,000.00 
14,875.00 
5,025.00 
4,688.00 
3,248.00 
86.09 



Wellington and Powellsville Railroad Connpany. 



OFFICEBS. 



Title. 



President and Treasurer 

Secretary 

Superintendent 

Freight and Passenger Agent.-.. 



Name. 



Location of Office. 



Horton Corwin, Jr ■ Edenton; N. C. 



W. D. Pruden _„. 

H. T. Waters 

J. L. Bell 



Edenton,N.C. 
AhOBkle,N.C. 
Wlndsor,N.C. 



DIRECTORS. 

Horton Corwin, J., Edenton, N. C; Mrs. Elizabeth Branning, Edenton, N. C; Ed. F. Bran- 
ning,New York; W.D. Pruden, W. H.Coffleld, Edenton, N.C.; Mrs. F. I. S. Branning, Bradford, 
Penn. 



PR0PEET7 OPERATED. 



Windsor, N. C. , to Ahoskie, N. C. (miles). 

Capital stock 

Capital stock per mile 

Cost of road and equipment 

Gross earnings 

Operating expenses 



24 

$90,000.00 

8,750.00 

166,501.06 

21,876.26 

22.486.80 



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298 



N. C. CORPORATION COMMISSION. 



Washington and Plynnouth Railroad Conripany. 



Title. 



President 

General Manager 

Secretary 

General Freight Agent.. 



OFFICEItS. 



Name. 



Location of Office. 



E.A.Armstrong ' Camden, N.J. 

S. E»arker | Pine Town. 

R.8.Cohn I Norfolk, Va. 

8. H. Hatton 



PR0PERT7 OPERATED. 



Washington io Plymouth (miles) . 



33 



CAPITAL STOCK 



Capital stock.. 
Funded debt— 



$200,000.00 
100,000.00 



This road Is a narrow gauge track (3 feet), completed May 1, 1902. 



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ASHEVILLE STREET RAILROAD COMPANY. 



299 



STI^EET RAILWAY COMPANIES. 



Asheville Street Railroad Company. 



OPnCBRS. 



Title. 


Name. 


Address. 


President 

Secretary 


J. E. Rankin 

H. M. Francis- . . 

H. M. Francis _. 


Asheville, N. C. 
Schenectady, N. Y. 
Schenectady, N. Y. 
Asheville, N. C. 


Treasurer. _*. 


Superintendent 


Geo. E. Claflin 





DIRECTORS. 

J. E. Rankin, Asheville, N. C; H. C. Lewis, Schenectady, N. Y.; H. M. Francis, Schenectady. 
N. Y.; Edward Clark, Schenectady, N. Y.; Jas. O. Carr, Schenectady, N. Y.; Jas. H. Cutler, Boston, 
Mass.; L. L. Whitestone, Schenectady, N. Y. 

PROPERTY OPERATED. 

Length of main track (miles) 6.61 

Total mileage, including sidings and switches (miles) 6.61 

Mileage within corporate limits (miles) 6.61 

CAPITAL STOCK. 

Capital stock authorized «300,000.00 

Capital stock issued and outstanding 287,324.42 

FUNDED DEBT. 
Description- 
First mortgage bonds 1898— twenty years $26,000.00 

Second mortgage bonds 1898— twenty years _ — 74,000.00 

OEVERAL EXHIBIT FOR THE YEAR. 

Gross earnings fkt>m operations — $77,415.62 

Operating exi>enses 66,461.97 

Income ftom operation 810,958.66 

Deductions ftx)m Income- 
Interest on funded debt - 6,000.00 

Taxes 1,200.00 

Total deductions trom. income 7,200.00 

Net income - 3,753.65 

Digitized by VjOOQIC 



300 



N. C. CORPORATION COMMISSION. 



EARNIKOS AFD EXPENSES OF OPEBATIOV. 

Earninc^ Ax>m Operation- 
Receipts fkt>m passengers carried 

Receipts fVom express 

Miscellaneous receipts 

Gross income from operation 

Expenses of Operation- 
Salaries of general officers and clerks 

General office expenses and supplies 

Legal expenses 

Maintenance of Roadway and Buildings- 
Repair of road bed and track 

Repairs of buildings 

Repairs of electric line construction 

Maintenance of equipment 

Transportation Expenses- 
Cost of electric motive power 

Wages and compensation of persons employed in conducting transportation. 

Rentals for buildings 

Total operating expenses 



._- $71,708.81 
1,500.00 

4,211.81 

77,415.«2 



3,000.00 

1,060.01 

1,000.00 

000.00 

8,423.33 

701.26 

7,087.96 

4,232.21 

19,920.00 

17,105.36 

1,262.84 

64,461.97 



EQITIPMEVT OWNED. 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Total passenger cars, all kinds 



8 
9 
17 
2 



VOLUME OF TBAFFIC. 
Number of passengers carried during year 



Number of passengers carried per mile of track operated- 
Average number of persons employed 



1,434,060 

2,018 

20 



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ASHEVILLE ELECTRIC COMPANY. 



301 



Asheville Electric Company. 



OFFICERS. 



Title. 


Name. 


Address. 


President- 


J. EJ. Rankin . . 


Asheville, N. C. 
Asheville N C 


Secretary. 


H. W. Plummer . 


Treasurer- 

Superintendent 


H. M. Francis 

Qeo. E. Claflin 


Schenectady, N. Y. 
Asheville N n 









DIBECT0R8. 

J. E. Rankin, Asheville, N. C; Jas. H. Cutler, Boston, Mass.; John H. McAden, Charlotte, 
N. C; J. C. Martin, AsheVllle, N. C; W. Talbot Pennineon, Biltmore, N. C. 



PROPEBTT OPERATED. 
Street Rcdlway and Electric Light and Power. 

Length of main track (miles) 

Total mileage, including sidings and switches (miles) 

Mileage within corporate limits (miles) 



5.66 



5.66 
5.66 



CAPITAL STOCK. 

Capital stock authorized ^ $750,000.00 

Capital stock issued and outstanding 6X1,700.00 

Number of shares issued and outstanding 5, 117 

Number of stockholders U 

FUVDED DEBT. 
Description- 
First mortgage 5 per cent bonds, dated May 1, 1901— due 40 years 96(^,000.00 



OSVERAL EXHIBIT FOR THE YEAR. 

Gross income from operations $69, 749. 78 

Operating expenses 61,254.48 

Net income Irom operation $18,495.25 

Deduction firom income^ 

Interest on ftinded debt 25,200.00 

Total deductions from income • : 27,300.00 



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N. C. CORPORATION COMMISSION. 



EABFUIGS AVD EXPEVSE8 OF OPEBATIOV. 

Earnings from Operation- 
Receipts from passengers carried 

Receipts ftrom electric street lighting 

Receipts from electric lights, residences 

Miscellaneons receipts 

Gross earnings ftrom operation 

Expenses of Operation- 
Salaries of general officers and clerks 

General office expenses and supplies 1 

Legal expenses 

Maintenance of Roadway and Buildings- 
Repair of road bed and track 

Repairs of electric line construction 

Repairs of cars 

Transportation Expenses- 
Care of cars — 

Cost of electric motive power 

Cost of electric motive power lights - 



Wages and compensation of persons employed in conducting transportation.. 

Other transportation expenses 

Total operating expenses 



$28,540.5S 
6,000.00 

32,924.U 
2,285.09 

00,748.73 

5,400.00 
4,722.48 
2,000.00 
1,500.00 

2,042.W 
2.880.26 
2,672.04 

500.00 
5,688.28 

16,912.16 
5,786.85 
1,204.54 

51,254.48 



EQUIPHEVT OWVED. 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Total passenger cdrs (all kinds) 



VOLUIIE OF TSAFFIC. 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Average number of persons employed 



970,800 

1,000 

12 



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A8HEVILLE AND CRAGGY MOUNTAIN RAILWAY COMPANY. 303 



Ashevllle'and Craggy Mountain Railway Company. 



OFFICEBS. 



Title. 


Name. 


Address. 


President _ ! Richard 8. Howl&nd 


ABheville, N. 0. 


Secretary 

Treasurer 


Walter B. Gwyn 


Ashevllle, N. a 


James B. Gay 


Providence, R. I. 







DIRECTORS. 

Richard S. Howland, AsheviUc, N. C; Reginald Howland, Asheville, N. C; Waller B. Owyn, 
AshevlUe, N. C; M. M. Howland, Providence, R. I.; James B. Gay, Providence, R. I. 



Aflhevllle and vicinity. 
Length of main track (miles).. 
Sidings and switches 



PROPERTY OPERATED. 



L64 

eo 



Total mileage, Including sidings and switches 8.24 

Mileage within corporate limits 67 

Mileage outside corporate limits 2.67 

System of electric motive power In use— general electric. Motive power— electricity and steam. 



CAPITAL STOCK. 

Capital stock authorized 

Capital stock issued and outstanding 

Number of shares Issued and outstanding 

Number of stockholders 



1500,000.00 

24,200.00 



FUVDED DEBT. 
Description- 
Deed of trust to Central Trust Co., of New York, 6 per cent gold bonds, 

March 16, 1902— outstanding 128,000.00 



Certified to company. 
Total authorized— 



80,000.00 
250,000.00 



OEHSRAL EZBIBIT FOR THE YEAR. 

Gross earnings firom operations 

Operating expenses 

Loss trom. operation . 



$10,488.75 

19,018.77 



98,627.82 



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304 N. 0. CORPORATION COMMISSION. 

EAlUflHOS AVD EXPEV8E8 OF OPEBATIOV. 

Earnings Ax>m Operation— 

Receipts flpom passengers carried— t $4, (MS. 28 

Receipts ftom freight hauled 3, 6i6.56 

Miscellaneous receipts 2, 796. 91 

Gross earnings ftom operation 1 10,488.75 

Expenses of Operation- 
Salaries of general officers and clerks 8, 204, 00 

Oeneral office expenses and supplies 1, 7?4. 64 

Maintenance of Roadway and Buildings- 
Repairs of cars and motors 6,277.54 

Transportation Expenses- 
Cost of electric motive power and mileage over Asheville Electric Co.'s tracks 2,477. 74 

Wages and compensation of persons employed in conducting transportation 6,087. 40 

Other transportation expenses 232. 4-5 

EQUIPHBHT OWHED. 

Box passenger cars equipped for the electric power 2 

Total passenger cars, all kinds .- _ i 9 

Trailers 7 

Electric motors 1 

VOLUME OP TRAPnC. 

Number of passengers carried during year {gSTpfS^^SKlTO} ^^ 

Number passengers carried per mile of track operated 17, 540 

Number of round trips run 2,021 

Number of car miles run, passengers, freight, construction, etc 44,426.20 



Charlotte Electric Railway, Light and Power Company. 



OFFICERS. 



Title. 


Name. 


Address. 


President 

Secretary 

Treasurer 


E. D. Latta 

J. L. Chambers 

E. D. Latta 


Charlotte, N.C. 
Charlotte, N.C. 
Charlotte, N.C. 







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CHARLOTTB BLBCTRIC RAILWAY, UQHT AND POWER CO. 805 

BIRBCT0B8. 

SLD.Latta, Charlotte, N.C.; £ B. Springs, Charlotte, N. C. ; P.B. McDowell, Charlotte, K. C. ; 
J. L. Chambers, Charlotte, N. C. ; M. A. Bland, Charlotte, N. C. 

PBOPBBTT OPSRATED. 

Length of main track (miles) 6.5 

Sidings and switches — - .5 

Total mileage, inolading sidings and switches 7.0 

Mileage within corporate limits 4 

Mileage outside corporate limits 3 

System of electric motive power In use, Gteneral Electric Co. Electricity generated by steam . 

CAPITAL STOCK. 

Capital stock Issued and outstanding $200,000.00 

Number of shares issued and outstanding 2,000 

Number of stockholders ; 5 

FUNDED DEBT. 
Description— 30 years 5 per cent gold bonds $800,000.00 

OSHIBIL EXHIBIT POR THE TEAR. 

Gross earnings f^om operation $182,128.52 

Operating expeoses — :__ 96,025.06 

Income fh>m operation , $85,206.49 

Deductions trom Income- 
Interest on funded debt 15,000.00 

Taxes 2,000.00 

Total deductions flrom income 17,000.00 

Net income 18, 206. 4$ 

EARvnres ahd ixpeeses op operatiov. 

Earnings from Operation- 
Receipts from passengers carried $54,784.85 

Receipts ftrom electric street lighting 12,600.00 

Receipts from electric lights, residences 22,608.68 

Receipts from advertising in cars and other sources 827.16 

Miscellaneous receipts, gas 41,418. 18 

Gross earnings trom operation 182^128.62 

Expenses of Operation- 
Salaries of general officers and clerks, general office expenses and supplies, and 

legal expenses 18, 454.06 

Maintenance of railway, electric light and gas plant 28, 891. 62 

Transportation expenses, electric light and gas plant 55, 079.86 

Total operating expenses 96, 925. 0^ 

2 20 



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306 N. C. CORPORATION COMMISSION. 

EaUIPlIEFT OWVED. 

Box passenger cars equipped for the electric power _ 12 

Open passenger cars equipped for the electric power 8 

Total passenger cars (ail Iclnds) __ 20 

Electric motors. _ — -iO 

VOLUME OF TBA?FIC. 

Number of passengers carried during year _ _ l»096,tKT7 

Number of passengers carried per mile of track operated _ 15«,528 

Number of round trips run 119,204 

Number of car miles run — «i3,632 

Average number of persons employed - - - — fi5 



Consolidated Railways Light and Power Company, 
Wilnnington. N. C. 



OFFICERS. 



Title. 



President 

Secretary — 

Treasurer 

General Manager- 



Name. Address. 



Hugh MacRae ' Wilmington, N.C. 

H. Woollcott _J Wilmington, N.C. 

R. J. Jones _. ' Wilmington, N.C. 

A.B.Skeldlng Wilmington, N.C. 



DIBECTORB. 

Hugh MacRae, M.F.H.Gouveneur, C. P. Boiles, M. J. Heyer,Geo. R. French, W.L. Parsley, 
C. W. Worth, W. R. Kenan, Oscar Pearsall, Junius Davis, G. H. Smith, J. W. Vernon. J. V. Gran- 
ger, James H. Chadbourn, W. W. Randolph, Wilmington, N. C. 



PBOPEBTT OPBBATED. 

Length of main track (miles) ^ 15.85 

Sidings and switches — .» 

Total mileage, including sidings and switches 16.45 

Mileage within corporate limits over which electric oars are run 4.1>5 

Mileage outalde corporate limits 10. 90 

System of electric motive power in use— single overhead trolly. 
Motive power— electricity. 



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CONSOLIDATED RAILWAYS LIGHT AND POWER COMPANY. 307 

CAPITAL STOCK. 

Capital stock authorized JoOO,000.00 

Capital stock issued and outstanding 450,000.00 

Number of shares issued and outstanding 4,500 

Number of stockholders 39 

GENERAL EXHIBIT FOB THE TEAB 

Gross earnings from operations _ $49,528.96 

Operating expenses— 31,516.81 

Income from operation $18,012.15 

Deductions from Income- 
Interest on funded debt 6,250.00 

Taxes 2,788.00 

Total deductions from income - 9,038.00 



Net income _ 8,974. 15 

EA&HINQS AND EXPENSES OF OPERATION. 

Earnings from Operation- 
Receipts from passengers carried _ __ $39,652.51 

Receipts from rentals — 8,000.00 

Receipts from electric lights, residences _ 5,200.13 

Receipts from advertising In cars 200.01 

Miscellaneous receipts 1,476.31 

Gross earnings from operation _ 49,528.96 

Expenses of Operation — 

Salaries of general officers and clerks _ 2,493.21 

General office expenses and supplies _. „ _ 364.52 

Legal expenses ,__ 50.00 

Insurance _ 273.63 

Bfalntenance of Roadway and Buildings- 
Repair of road-bed and track 2,460.16 

Repairs of buildings — _ 62.95 

Repairs of electric line construction 700.27 

Maintenance of equipment . _ _ 864.70 

Repairs of cars 2,508.00 

Transportation Expenses- 
Care of cars 328.07 

CJost of electric motive power 6,990.22 

Wages and compensation of persons employed in conducting transportation 7,924.90 

Damages for injuries to persons 98.96 

Expenses lighting circaits 6,856.98 

Other tranfportation expenses 1,041.25 

Total operating expenses 81,516.81 



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308 



N. C. COBPORATION COMKISSION. 



06il6rlptlon— finit mortgage 5 per cent bonds, doe 1868 * IM8,G0O.<X^ 

sampuBBT owlrsi). 

Box passenger cars equipped for the electric power S 

Open passenger cars equipped for the electric power 13 

Total passenger cars, all kinds 19 

TOLUMS OF TRAFFIC. 

Kumber of passengers carried daring year 1,064.904 

Namber of car miles run 241,W7.» 



Durham Traction Company. 



OFFICERS. 



Title. 



Name. 



Address. 



President 

Secretary-Treasurer . 
Saperintendent 



R.H. Wright-^ 
J. 8. Manning ^ 



W. W. S. Butler 



Durham, N.C. 
Durham, N.C. 
Durham, N.C. 



DIRICT0R8. 
R.H. Wright, Durham, N.C; J.B.Oarr, Durham, N.O.; H. A. Foushee, Durham, N.C; J.0. 
Manning, Durham, N.C; Samuel Register, Richmond, Va. 



PROPBRTT OPERATED. 



Length of main track (miles) 

Sidings and switches 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric power in use, a. E. 64 and 67. Motive power, electric 

CAPITAL STOCK. 
Opital stock authorized 



5.9 
.S 



6.2 
4.2 
2.9 



. 1600,000.99 



Oikpital stock issued and outstanding 

Namber of shares issued and outstanding 



600,000.09 
5,009 



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DURHAM TRACTION COMPANY. 309 

VOIDED DBBT. 
DeteripUon— 80 year 5 per oent bonds iMuad IB, 600, 90 

eiHSRlL EXHIBIT FOB THE TEAB. 

Oro68 earnings ftnom operations $46,380. 10 

Operating expenses 57,586.61 

Income flrom operation 8,852.88 

Miscellaneous Income- 
Total income fyom other sources than operation 10,860.80 

Gross earnings above operating expenses.. - — 28,218.18 

Deductions flrom Income- 
Interest on Ainded debt (bonds bearing Interestout that period) 12,000.00 

Tfexas 017.17 

Total deductions from Income 12,0t7. 17 

Net Income (to additions and betterments) 15,266.01 

BABHIEGS AND EXPENSES OP OPERATION. 

Earnings troxn Operation- 
Receipts from passengers carried 14,751.20 

Receipts flpom electric street lighting 6,900.00 

Reeeipts ftom electric lights, residences 17,780.84 

Ice receipts 14,825.82 

Miscellaneous receipts 2, 178.68 

Gross earnings from operation 46,880.49 

Expenses of Operation- 
Salaries of general officers and clerks 5,600.00 

General office expenses and supplies 900.00 

Legal expenses , 415.00 

Insurance 1,668.86 

Ice and electric expenses other than above. 27,297.78 

Maintenance of Roadway and Buildings- 
Electric engines and damages 266.12 

Transportation Expenses- 
Care of cars 80.00 

Cost of electric motive power one month 560.00 

Wages and compensation of penons employed in conducting transportation 800.00 

Damages for injuries to persons 856.00 

Other transportation expenses 68.40 

Tot<|l operating expenses 87, 586. 61 

SaUIPMXNT OWNED. 

Box passenger cars equipped fior the eleotrio power 8 

open passenger cars eqolpped for the electric power 4 

Total pasHcnger cars, all kinds 12 

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310 



N. C. CORPORATION COMMISSION. 



VOLUMS OP TBimC. 
Number of passengers carried during year 



Number of passengers carried per mile of track operated 

Number of car miles run __ 

Average number of persons employed 



100,916 
18,320 
18.4fiB 

aa 



The Fries Manufacturing and Power Company, Wlnstori- 

Salem, N. C. 



OFFICERS. 



Title. 



President 

Secretary ._ 

Superintendent . 



Name. 



Henry E. Fries 

Bernard J. Pfohl 

J.J.Sigg 



Address. 



Wlnston-Salem, N. C. 
Winston-Salem, N. C. 
Winston-Salem, N. C. 



DISECT0R8. 
H. B. lories. J. W. Fries, N. S. Wilson, F. H. Fries, H. W. Fries, C. B. Watson, J. C. Besaent, W. A. 
Whitaker,E.E. Gray, W. A. Blair, Joe Jacobs, W. M. Nissen, J. A. Vance, Clement Manly, F.C. 
Brown, J. W. Hawes, W. A. Lemly, C. D. Ogbum, Winston-Salem; R. B. Haines, Philadelphia, P&. 



PBOPEKTT OPBKATED. 

Length of main track (miles) 

Sidings and switches (miles) 

Total mileage, including sidings and switches 

Mileage within corporate limits.. 

Mileage outside corporate limits. 

System of electric motive power in use— General Electric Ck>. 
Motive power— electricity and steam. 

CAPITAL STOCK. 

Capital stock authorized 

Capital stock Issued and outstanding 

Number of shares issued and outstanding 

Number of stockholders ....^ 



6.1118 
8.0178 



9.1291 

5 

4.1201 



8700,000.00 

(r74,600.00 

6,746.00 

7ft 



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THE FRIES MANUFACTURING AND POWER COMPANY. 311 

FUNDED DEBT. 
DescriptioD— first mort«:age 40 years 5 per cent gold bonds outstanding $450,000.00 

GENERAL EXHIBIT FOB THE TEAS. 

Gross earnings from operations $96,815.80 

Operating expenses — 64,988.03 

Income from operation - 31,828.37 

Deductions from Income— 

Intereston funded debt 22,500.00 

Netint50me 8,826.87 

Surplus for year ending June 80,1902 ___ 8,826.87 

Surplus for year ending June 80,1901.. _ _.. 687.86 

Total surplus for year ending June 30,1902 9,514.28 

SaUIPHENT OWNED 

Box passenger cars equipped for the electric power 9 

Open passenger cars equipped for the electric power 7 

Other passenger cars equipped for the electric power 3 

Total passenger cars, all kinds _. 19 

Trailers 2 

Electric motors _ — 26 

VOLUME OF TBAFFIC. 

Number of passengers carried during year — — 857,648 

Number of passengers carried per mile of track operated 98,988 

Number of round trips run 72,868 

Number of car miles run _. — - _ 328,794 

Average number of persons employed 60 

EABNIN08 AND OPEEATING EXPENSES. 

Electric Plant- 
Incandescent lighting..- $10,500.72 

Arc lighting— commercial „ 1,801.92 

Arc lighting— municipal 6,894.00 

Motors and fans — - 1,992 25 

Wiring, sales and repairs 7,106.90 

Passenger traffic 30,236.88 

Freight — 4,61^04 

Miscellaneous _. 380.25 

River Plant— 



$63,616.96 



Electric power 21, 056. 42 

Rents, etc— 201.52 



21,237.94 



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812 



N. C. CORPORATION COMMISSION. 



Ice Plant- 
Sales 



BAEVnreS AVD OPXRATIVe BXPBVSIS— Contliivtd. 



$U, 440.40 



Grand total earnings 

Operating Expenses— Electric Plantr- 

Real estate 

Station apparatus 

Lines 



$11,440.40 
90,815.80 



Arc lamps 

Cars 

Track 

River Plant- 
Real estate 

Motors, generators, transformers, etc. 
Lines 

Ice Plant- 
Real estate 

Station apparatus.. 



2B7.85 
346.96 
278.47 
221.02 
1.068.54 



171.02 

,825.12 

00.91 



1.02 
86.00 



Grand total maintenance 

Generation— Electric Plant- 
Engineers 1,446.29 

Fireman 875.19 

Coal 3,798.90 

Water - 307.52 

Electric power 4,798.47 

Oil, grease and waste 870.88 

River Plant- 
Wages - 8,127.88 

Power — 001.49 

Oil, greaseand waste _ 149 89 

Ice Plant- 
Wages - 1,008.28 

Fuel... — - 2,492.83 

Water - i 148.30 

Ammonia, salt, etc 819.22 

Oil, grease and waste l 150.89 



Grand total generation... 
Distribution— Electric Plant- 
Lamp renewals 

Meter expenses — — 

Interior wiring and fixtures _ 
Wiring, sales and repairs 



1,076.94 
196.81 
219.80 

6,304.48 



3,952.69 



2,066.68 



87.02 

6.106.S9 



11.664.75 



3,879.1 



4,169.00 
19,718.01 



7,850.98 



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GREENSBORO BLBOTRIO CX)MPANY. 



313 



S458.88 

5,068.46 
18,3^.82 



BARVIVG6 AVD OPIBATIVG IZPEH8ES— Continiied. 
River Plant— 

8ob-8iatioii expenses : $453.88 

Ice Plant- 
Sales and deUvery - 5.069.46 

Grand total distribution 

Transportation— Electric Plants— 

Superintendent, conductors and mortormen — 9,007.57 

Freight hands 1, 785.18 

Oar service supplies 444.57 

Advertising and attractions 894.28 

Grand total transportation - 12.081.55 

General Expenses— Electric, River and Ice Plants- 
Officers and clerks _ 4,790.M 

Office expenses and supplies 518.54 

Insurance and taxes { tS5?J!?^.*2;»6: w} "— ^'259.42 

Accidents 118.81 

Legal expenses _ 150.00 

Directors' meetings 21.00 

Interest, discount and exctiange _ _ 8,247.50 

Miscellaneous _ 598.75 

Grand total general expense 

Total operating expenses 1 _ 

Earnings ftx)m operation — 

Fixed charges — — — 

Balance to surplus 



18,704.66 


84,988.98 


81,328.87 


22,500.00 


8,826.87 



Greensboro Electric Company. 



OPnCEBS. 




Title. 


Name. 


Address. 


President. _. 


John Karr 


HackettstowD, N. J. 




Z. V.Taylor _— 


Oi'eenstioro, N. C. 


Treasurer 


M.D.Barr 


29 Broadway, N. Y. 




Z. V.Taylor 


Greensboro, N. C. 



OMtal itock.» 
Funded debt ... 



CAPITAL STOCK. 



(Not in operation 12 months. ) 



S200.000.00 
175,000.00 



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3U 



N. C. CORPORATION COMMISSION. 



Pinehurst Railroad Company. 



OFFICERS. 



Title. 


Name. 


Address. 


President _ — _._ 


Leonard Tufta 


Boston, Mass. 


Secretary-Treasurer 

Manager __ 


Wm.T. Jenney 

T. B. Cotter 


Boston, Mass. 
Pinehurst, N.C. 







CAPITAL STOCK, Etc. 

Capital stock - $15,000.00 

Length of line (miles) - — — 7 

Earnings 3,578.00 

Expenses 5,178.41 



Raleigh Electric Company. 



OFFICERS. 



Title. 



President 

Secretary -a 

Treasurer _ 

Superintendent. 



Name. 



William J. Andrews- 
Charles C.Johnson 

F.H.Briggs... 

Charles C. Johnson ._. 



Address. 



Raleigh. N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



DIRECTORS. 
John H.McAden, Charlotte, N.C; Jos. H. Cutler, Boston, Mass.; V.E.Turner, A. A.Thomp- 
son, Julius Lewis, A. B. .\ndrews, William J. Andrews, Raleigh, N.C. 



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RALEIGH ELECTRIC COMPANY. 315 



PROPIKTT OPEBATSB. 

Lengrth of main track (miles) 4 

Sidings and switches— Pullen Park track — }i 

Total mileage, incl ad lug sidings and switches _. 4*4 

Mileage within corporate limits 3 

Mileage outside corporate limits 1 

System of electric motive power in use— General Electric Co. 
Motive power— steam. 

CAPITAL STOCK. 

Capital stock authorized $75,000.00 

Capital stock issued and outstaudlng 58,800.00 

Number of shares Issued and outstanding __ _- 588 

Number of stockholders _ _ __ 18 

FUHDID DEBT. 

Description— 150 5-30 gold bonds, $500 each, of which 117 are outstanding _ $58,500.00 

QBHSBAL EXHIBIT FOB THE TEAR. 

Oross earnings from operations ._ $49, 0(^. 12 

Operating expenses 40,640.54 



Income from operation $8,364.58 

Deductions ftx>m Income- 
Interest on funded debt 2,925.00 

Depreciation ._ _. 3,750.96 

Total deductions from income ... 6,084.96 



Net Income, after deducting $8,750.96 for depreciation — 1,679.62 

Surplus for year ending April 30, 1902 1,679.62 

Deficit for year ending April 30, 1901 _.. 3,605.01 

Total deficit for year ending April 80, 1902 __._ 2,015.89 



SaniPMEHT OWNED. 

Box passenger cars equipped for the electric power 8 

Open passenger cars equipped for the electric power 5 

Total passenger cars, all kinds 8 

Trailers ~ - - 2 

Electric motors _ 16 



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314 



N. C. CORPORATION COMMISSION. 



Pinehurst Railroad Company. 



0F7ICES8. 




Title. 


Name. 


Address. 


President- 


Leonard Tufia 


Boston, Mass. 


Secretary-Treasurer 


Wm.T. Jenney 


Boston, Mass. 


Manager 


T. B. Cotter . 


Pineharst, N. C. 









CAPITAL STOCK, Etc. 

Capital stock „ $15,000.00 

Length of line (miles) 7 

Earnings.- _ 8,573.00 

Expenses 5,173.41 



Raleigh Electric Company. 



Title. 



President— 

Secretary— 

Treasurer 

Superintendent. 



OFFICERS. 



Name. 



William J.Andrews. 
Charles C. Johnson ... 
F.H.Briggs 

Charles C.Johnson ._. 



Address. 



Raleigh, N.C. 
Raleigh. N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



DIRECTORS. 

John H.McAden, Charlotte, N.C; Jas. H. Cutler, Boston, Mass.; V.E.Turner, A. .\. Thomp- 
son, Julius Lewis, A. B. Andrews, William J. Andrews, Raleigh, N.C. 



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RALRIGH ELECTRIC COMPANY. 315 



PBOPEKTT OPEBATSB. 

Jjength of main track (miles) _ 4 

SidingB and switches— Pullen Park track % 

Total mileag^e, including sidings and switches _ 4*4 

Mileage within corporate limits 3 

Mileage outside corporate limits — 1 

Hystem of electric motive power in use— General Electric Co. 
Motive power— steam. 

CAPITAL STOCK. 

Capital stock authorized _ _ 575,000.00 

Capital stock issued and outstanding _._ 58,800.00 

Number of shares issued and outstanding _ _ 588 

Number of stockholders 18 

FUNDED DEBT. 
Description— 150 5«) gold bonds, «500 each, of which 117 are outstanding $58,500.00 

GENBBAL EXHIBIT FOB THE TEAB. 

Gross earnings from operations $49,005. 12 

Operating expenses 40,610.54 

Income from operation _ $8,364.58 

Deductions from Income- 
Interest on funded debt — 2,925.00 

Depreciation _ 3,759.96 



Total deductions from income _ — _ 6,684.96 

Net income, after deducting $3,750.96 for depreciation.. 1,679.62 

Surplus for year ending April 80,1902 _ _._ _._ 1,679.62 

Deficit for year ending April 30,1901 .._ 3,695.01 

Total deficit for year ending April 30,1902 „ .._. 2,015.39 



EQUIPMEHT OWNED. 

Box passenger cars equipped for the electric power 3 

Open passenger cars equipped for the electric power 5 

Total passenger oars, all kinds 8 

Trailers 2 

Electric motors _.. _ 16 



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316 N. C. CORPORATION COMMISSION. 



EAB1ING6 AND BXPSV8B8 OF OPBEATIOV. 

Earnings Atom Operation— 

Receipts flpom passengers carried . ^2,072.10 

Receipts trom electric street lighting 5,741.90 

Receipts ftnom electric lights, residences 10, 664. SI 

Receipts ftnom advertising in cars - — .; 144.00 

Miscellaneous receipts and power 1,4&2.SS 

Qross earnings ftrom operation 49,005.12 

Expenses of Operation- 
Salaries of general officers and clerks 8,073.50 

General office expenses and supplies 275.65 

Legal expenses ^ 42.55 

Interest on floating debt 1,384.8S 

Taxes 894.e7 

Maintenance of Roadway and Buildings- 
Repair of road-bed and track 3,380.79 

Repairs of buildings - 85.00 

Repairs of electric line construction 1,345.70 

Maintenance of equipment _ _ 027.54 

Repairs of cars 5,175.83 

Transportation Expenses- 
Care of cars _. 859.92 

Cost of electric motive power 14,229.30 

Wages and compensation of persons employed in conducting transportation 4,880.84 

Damages for injuries to persons 161.55 

Other expenses in lighting department 4,311.68 

Total operating expenses „ ^. 40,610.54 

TOLUMB OF TBAfFIC. 

Number of passengers carried during year (approximate) 509,000 

Number of passengers carried per mile of track operated 149, 7o0 

Number of round tripe run 22,300 

Number of car miles run _ 156,000 

Average number of persons employed 45 



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THB PULLMAN COMPANY. 



31T 



Wilmington Railway Bridge Company. 



( 


OFFICESS. 




Title. 


Name. 


Address. 


President- _ 


Janlos Davis 

J. H. Sharp 


Wilmington, N. 0. 


Secretary and Treasarer 


Portsmouth, Va. 







TEBMIHALS. 

From Hilton, N.C., to Mears Bluff, N.C. (miles) 

Owned and operated Jointly by the Atlantic Coast Line and Seaboard Air Line. 



2.40- 



CAPITAL STOCK. 



Capital stock 

Funded debt 

Cost of road 

Interest (annual) . 



.. 140,000.00 

.. 217,000.00 

- 2S7,000.0O 

.- 10,880.00^ 



The Pullman Company. 



0FFICSB8. 



TlUe. 



Name. 



Address. 



President 

Secretary 

General Counsel . 



Assistant CounseL 



Robert T. Lincoln 

A. S. Welsenhelmer . 

John S. Runnels 

L.E. Mcpherson 



Chlca8ro,Illlnols. 
Chicago, Illinois. 
Chicago, Illinois. 
Chicago, Illinois. 



Capital stock. 



CAPITAL STOCK. 



..tl2,l00,000.0O 



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318 



N. C. CORPORATION COMMISSION. 



PSOPERTT OPERATED. 

Total length of line over which care are run (miles) _ 165,283 

Length of line In North Carolina, as follows : 

Atlantic Coast Line (miles).. _ _ 288 

Southern, Railway (miles) 520 

Seaboard Air Line (miles). 316 

Total in North Carolina (miles) 1.124 

(See page 87 for assessment table.) 



Southern Express Company. 



OFFICERS. 

Title. , Name. Address. 

Vice-President and General Manager M.J. O'Brien New York.N. Y. 

Vice-President _. — M.F. Plant ..__ New York,N. Y. 

Traffic Manager C.L.Loop Chattanooga, Tenn. 

Superintendent Atlantic Division.- I W.J.Croswell Charlotte, N. C. 

Superintendent Piedmont Division ' O.M.Sadler __ I Charlotte, N.C. 

(See page 81 for assessment table. ) 



Western Union Telegraph Company. 



OFFICERS. 



Title. 


Name. 


Address. 


President — 


Thomas Eckert 


New York, N. Y. 


Superintendent Southern Division 


J. B.Tree.— — 


Richmond, Va. 







Date of incorporation, April 2, 1851. Incorporated under Act of April 12, 1848, New York 



Statutes. 

PROPBRTT OPERATED. 

United States and to Great Britain— poles and cables ( miles) . 

Total length of lines 

Miles of pole-line In North Carolina 

Miles of wire— North Carolina 

Capital stock 

Funded debt 

(For assessment table, see page 89.) 
(MlBcellaneoos telegraph companies, page 96.) 



190,614 

972.766 

3,654 

15,788 

-197,840.600.00 

10,997,864.40 



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REPORTS OF THE CONDITION OF THE STATE PRIVATE AND SAV- 
INGS BANKS AT THE CLOSE OF BUSINESS ON SEP- 
TEMBER 15. 1902, AS APPEARS FROM THE 
REPORTS FILED IN THE OFFICE 
OF THE COMMISSION. 



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320 



N. C. CORPORATION COMMISSION. 



ALAMAVCS LOAV UTD TBU8T COHPAHT, BUBLUTGTOV. 

H. Holt, President. J.*M. Fix, Treasurer. 



RESOURCES. 



Loans and discounts _. 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, fUmlture and fix- 
tures 

All other real estate owned 

Demand loans 

Dhe flrom banks and bankers— 

Cash Items - 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$117,880.87 
254.85 



Total- 157,684.56 



l,ai2.70 



21,828.73 
18,054.41 



1,762.00 
2,557.00 



LIABILITIES. 

Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses ana taxes paid in 

Dividends unpaid 

Notes and bllis redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



>I5, 000.00 



8,945.74 



15,000.00 
10,2 



8,246.8^ 



197,684.56 



BAKE OP ALAMAVCS, GRAHAM. 
E. M. ARMFiELD. President. Chas. A. Scott, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina StatA bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loan<t 

Due from banks and ttankers 

Cash items 

Gold coin. 



Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



Total 66,440.98 



$45,258.06 
1,186.29 



597.65 



14,086.12 
229.20 
600.00 



2,500.00 



LIABILrTIBg. 

Capital stock paid in 

Surplus ftiiid 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redisoounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



no, 900. 00 
500.00 

602.84 

■'"6.*50or66 

17^65B.'64 



204. OS 



66,440.Sia 



W. W.Taylor, President. 



BAVX 07 BEAUFORT. 



T. A. UzzELL, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort^ 

gages 

Premium on bonds 



189,865.96 
28.24 



Banking houses, ftirnlture and fix- 
tures. 



All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 58,018.81 



744.90 



8,452.48 



500.00 
1,926.76 
2,000.00 



LIABILITIES. 



Capital stock paid In .^ 
Surplus fUnd. 



Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 



Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and ttankers 

Cashier's checks outstanding 

CerUfled checks 



TotAl. 



110,000.00 
1,000.00 

568.78 



40,288.50 



58,018.81 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



321 



J. D. Parbish, President. 



BAHK OF BEH80H. 



E.L.HALL, Cashier. 



RESOUBOKS. 



Loans and discounts 

Overdrafts.- 

United 8tate8 bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 

gatrfs — — 

Premlam on bonds 

Banking honses, fhrnlture and fix- 
tures _ 

All other real estate owned 

Demand loans 

Due Arom t>anks and hankers 

Cash items 

Qold coin - 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Stationery account 



920,251.80 
8,176.26 



1,948.01 



Total 88,842.56 



6,800.20 
1,517.60 



162.60 



lilABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided proflis, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills redisconnted 

Bills payable 

Time certificates of deposit - 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and t>ankers 

Cashier's checks ontotanding _ 

Certified checks 



Total .« 



110,000.00 



888.34 
12.00 



8,000.00 
1.885.00 
16,018.32 

'"2;554r8i 
89.58 



88,842.66 



W. J. Adams, P^ldent. 



BABE OF CABTHAOB. 



D. S. Ray, Cashier. 



BB80URCBS. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on lK>nds 

Banking houses, fhmitnre and fix- 
tures .. 

All other real estate ownedl 

Demand loans 

Due from banks and bankers 

Cash items _. 

Gold coin 

Silver coin, including all minor coin 

currency — 
National ban 



notes - 



k notes and other U. S. 



Total. 



125,527.94 



1,500. 
5,000. 
8,799. 



LIABILITIRS. 



160.00 

1,007.67 

900.00 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid.. _ 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and t>ankerB 

Cashier's checks outstanding 

Certified checks 



$10,000.00 



1,896.84 
■l,"700."00 



1.901.07 
28,657.28 



161.00 



44,815.64 



Total - _ 44,816.64 



J. S. Carb, President. 



BANK OF CHAPEL HILL. 



A. W. Peace, Cashier. 



BESOUBCES. 



Loans and discounts 

Overdrafts 

United Htates bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages. - 

Premium on bonds 

Banking houses, furniture and fix- 
tures. 

All other real estate owned. 

Demand loans 

Due from banks and bankers. 

Cash Items _ — 

Gold coin 

Silver coin, including all minor coin 

currency... 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total- 



I 



LIABILITIES. 



$19,811.57 Capital stock paid in . 

Surplus fund I. 

Undivided profits, less current ex- L 

. penses and taxes paid . 

I Dividends unpaid . 

1 Notes and bills redisconnted.. ;. 

' Bills payable 1. 

Time certificates of deposit ■. 

Deposits subject to check L 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding |. 

Certified checks L 



978.45 



10,2 



529.89 



608.00 

4,896.00 
2.72 



86,506.26 



Total. 



-21 



Digitized by 



Google 



322 



N. C. CORPORATION COMMISSION. 



L. A. Bethune, President. 



BABE OF CLINTON. 



U. McKiNNON, Casliier. 



RESOURCES. 



Loans and discounts. 

Overdrafts 

United Stales bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures _._ 

All other real estate owned 

Demand loans 

Due from t>anks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. 8. 
notes 



Total- 



«28,772.19 
9,041.11 



1,472.50 



80,448.69 

■■"6eor65" 

812.97 
8,150.00 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 

peuses and taxes paid 

DivideudH unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Dep<»sits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

CMshter's checks outstanding 

Certified checks 



74,857.46 I 



Total . 



♦15, 
1. 



000.00 
000.00 



73L82 



837.25 



74,857.46 



BAKE OP DAVIS, MOCKSVILLE. 

W. A. Bailey, President. 



T. J. B^erly, Cashier. 



RESOURCES. 

Loans and discounts 

Overdraft^ 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages _ 

Premium on bouds 

Banking houses furniture and fix- 
tures 

All other real estate owned 

Demand loans . 

Due flrom banks and bankers 

Cash items 

Gold coin - 

Sliver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total- 



$86,101.12 
18.24 



2.000.00 



2,850.02 

"iii^oooTS" 

406 00 
1,000.00 

1,500.91 

2,500.00 



58,286.22 



liabilities. 

Capital stock paid In 

Surplus fhnd 

Undivided pcoflts, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time ceriificates of deposit 

Deposits subject to.check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding. 
Certified checks 



Total 



110. 
1. 



000.00 
000.00 



1,106.66 




68,286.22 



L. J. Best, President. 



resources. 

Loans and discounts 

Overdrafts ~ 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S : 
notes 



BANE OF DUNN. 



J. W. PuRDiB, Cashier. 



Total 67,075.29 



888,782.04 
1,280.02 



2,500.00 
4,000.00 



9,076.91 
1,486.82 



LIABILITIES. 



Capital stock paid in 

Surplus fund. 



Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable — 

Time certificates of deposit 

Dep »slts subject to check 

Demand certifitates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$20,000.00 



2,814.06 



4,650.00 

1,500.00 

2,406.70 

25,144.96 



761.04 
298.64 



57,075.29 



Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



323 



Julian Wood, President. 



BAHK OF SDENTOV. 



G. P. Polk, Cashier. 



RBSOUBOBB. 



Loans and discounts — 

Overdrafts x 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, ftirnlture and flx- 

All other real estate owned 

Demand loans 

Due trom t>anks and t>anker8 

Cash Items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Total 



$74,530. 
281. 



16,000. 
200. 



3,600.00 



4,400. 

84,942. 

188. 

675. 



2,744.06 
5,064.00 



142,866.84 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



825,000.00 
11,500.00 

1,765.16 



108,919.66 



82.81 
149.22 



Total- 



142,866.84 



BANK OP EVFULD. 



Geo. B. Curtis, President 




IvEY Watsok, Cashier. 


RESOURCES. 

Loans and discounts 


874,776.94 
852.68 


liabilities. 

Capital stock paid in 

Surplus ftind - 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid-— ..-..-... -^ - 


810,000.00 


Overdrafts 




North Carolina State bonds 

All other stocks, bonds and mort- 
gages. 

Promium on l>ond8 


100.00 
1,600.00 


5,046.76 


Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check.... . 


5,000.00 


Banking houses, furniture and fix- 
tures — - 


600.00 
200.00 


5,884.70 
81,183.24 


All other real estate owned 

Demand loans 


Demand certificates of deposit 

Due to banks and bankers .. 


Due ftom banks and bankers 

Cash Items 

Gold coin _ „ 

Silver coin, Including all minor coin 
onrrencv 

National bank notes and other U.S. 
notes.- ,. 


17,166.29 

6,817.79 

780.00 

876.87 

5,975.00 


Cashier's checks outstanding 

Certified checks 

Total 


1,122.87 
7.60 


Total 


107,605.07 


107,695.07 



BAVE OP FATETTEVILLE. 



H. W. Lilly, President. 




John C. Haigh, Cashier. 


resources. 

Loans and discounts 

Overdrafts 


88(H,166.82 
10,000.00 

""sroooToo' 

28,120.66 
728.00 

9,800.00 
11,658.47 

"'97^603728' 
8,482.56 
2,805.00 

8,788.86 

9,098.00 


LIABILITIES. 

Capital stock paid in 

Surplus fhnd. - . ,. 

Undivided profits, less current ex- 
penses and taxes paid . .. 


8180,000.00 


United States bonds on hand 

North Carolina State bonds 


18,889.86 


All other stocks, bonds and mort- 
gages 

Premium on bonds .. , 

Banking houses, fhmiture and fix- 
tures . . . 

All other real estate owned 

Demand loans 

Due ftom banks and bankers 

Cash iti^ms ._ . ._ 


Dividends unpaid 

Notes and billB rediscounted 

Bills payable 

Time certificates of deposit. 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 


"280^920757 

8,709.67 
210.00 


Gk>ld coin 






Silver coin. Including all minor coin 
currency 




National bank notes and other U.S. 
notes 




Total 


488,680.10 


483,680.10 



Digitized by 



Google 



324 



N. C. CORPORATION COMMISSION 



J. T. aooKS, President. 



BANE OF FBEHOVT. 



CCTLAR Lee, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 



935.A92.03 
1,857.16 



Premium on bonds i 

Banking houses, furniture and flx- 

All otherrealestate owned 

Demand loans 

Due from banks and bankers 

Gash items 

Ck>ld coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue account 



Total 60.476.88 



8,991.80 
1,287.05 
1,429.28 
5,720.69 
10,648.87 



99.00 



LIABILITIES. 



Capital stock paid in . 
Surplus fund 



Undivided profits, less current ex- 
penses and taxeR paid 

DtvldendK unpaid 

Not^s and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject I o check 

Demand certificates of deposit 

Due to t>anks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



112,500.00 
825.00 



38,067.88 
8,«8.71 



754.84 



00,475.8a 



E. T. White, President. 



BANK OF GRAHYXLLI, OXFOBB. 



H. G. Cooper, Cashier. 



RESOURCES. 



Loans and discounts — 

Overdrafts - 

United States bondH on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 



$165,205.72 
1,970.85 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due fkY>m banks and bankers 

Cash items. _ — 

Gold coin _ — 

Silver coin, including all minor coin 

cuiTencv- - 

National bank notes and other U. S. 
notes 



OXFORD savings BANK. 



Loans and discounts — 

Stocks and bonds 

Cash on deposit 

Insurance department.. 
Furniture and fixtures . 



Total - 



10,396.25 



1,400.00 



6,014.58 

28,228.23 

217.50 

1,164.18 

8,284.00 



49,786.60 
4,700.00 

19,047.ftS 

1,000.00 

306.00 



297,621.79 



LIABILITI^. 

Capital Stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



OXFORD SAVINGS BANK. 

Capital stock 

Deposits 

Undivided profits, less all expenses. 

Total 



160,000.00 



4,005.79 
16,668741" 



188,890.28 



6,905.01 
1,876.77 



16.800.00 

56,996.02 

1,404.51 



297,021.79 



Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



325 



R. L. Davis, President. 



BAKE 07 GREENVILLE. 



J. L, LiTTLK, Cashier. 



RESOURCES. 



LIABILITIES. 



Lofins and discounts 

Overdrafts 

United Btates bonds on hand 

North Canilina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking bouses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from bauks and bankers 

Cash Items 

Gold coin 

Silver coin. Including all minor coin 

cu rrency 

National bank notes and other U.S. 
notes 



S162, 
11, 



Total 814, 606. 76 



921.30 
016.20 



Capital stock paid in __ 

Surplus fund 

Undivided pr iflts, Ie«s curreut ex- 
penses and taxes paid — 

I Dividends unpaid 

1 Not«s and bills rediscounted 

Bills payable 

I Time certificates of deposit 

2.008.85 Deposits bubjectto cheirk 

Demand ceritficutes 6f deposit 

Due ti> banks and bankers 

Cashier's cbecks outstanding 

Certified cbecks _ 



t. 085. 81 

t.OlM.89 

600.00 

,m.20 

1,800.00 



I 



Total - 



$25,000.00 
15,000.00 

1,529.89 



66,000.00 



4,484.98 



814,606.76 



BAVK 07 HENDSR80VVILLE. 



J* P. RiCKMAN, President. 



J. A. Madorbt, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on liand 

North Car«>lina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bond^ 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due fh>m banks and bankers 

Cash items 

Gold *coln_ 



Silver coin, includmg all minor coin 
currency 

National bank notes and other U. S. 

Total 



870,858.98 
160.81 



2,000.00 
214.60 



97,617.95 

68.79 

2,780.00 



1,110.17 
10,755.00 



184,900.66 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided pn»fits, less current ex- 

peuMes and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due tu thanks and bankers : 

Cashier's checks outstanding 

Certified checks. 



ToUl. 



827,000.00 
8,000.00 

8,011.98 



12,762.61 
187,062.28 



2,008.90 



181,900.66 



E. F. Cox, President. 



BAHK or xursTov. 



R. C. Strong, Cashier. 



RESOURCES. 

Loans and discounts $162,761.40 

Overdraft s ! 281. 42 

United States bonds on hand ' _.. 

North Carolina State bonds ' 

All other stoclu, t>onds and mort- | 
gages 1,100.00 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash Items 

Gold coin 



Silver coin, including all minor coin 
currency 

National bank notes and other U.S. 
notes 

Advance made tobacco warehouses 
for sale of leaf tobacco— demand 



Total 294,670.70 



6,007.28 



64,370.58 
1,544.00 
8,485.00 

8,209.15 

30,227.00 

22,744.92 



LIABILITIES. 

Capital 8t.nck paid in 

Surplus fund _ 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid. _ 

Notes and bills rediscounted 

Bills payable 

Time certlfli'ates of deposit 

Deposits subject to check. 



Demand certificates of deposit.. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



821,000.00 
21,000.00 

7,840.68 



14.750.00 
10,000.00 



199,750.68 
10.000.00 
9,268.08 
1,066.67 



294,670.70 



Digitized by 



Google 



326 



N. C. CORPORATION COMMISSION. 



W. R. Walker, President 



BABE OF LEAKSVILLE. 



RESOUBCBS. 

Loans and discounts 

Overd rails 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due ftom banks and bankers 

Gash Items 

Gold coin 

Silver coin, including ail minor coin 

currency 

National bank notes and other U. S. 



Total- 



S58,738.e» 
494. 61 



385.00 
185.00 

"i9"mi9' 

281.27 
1,482.00 

820.06 

2,721.00 



79,748.82 



A. B. MiiiLNBB, Cashier. 



LIABILITIES. 

Capital stock paid In 

Surplus ftind 

Undivided proflU, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 



Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit... 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



no, 000. 00 
2,000.00 

8,460.90 
8.00 



22,600.71 
41,687.46 



11.75 



79,748.82 



BASK 07 LBXniGTOV. 



O. W. MONTCASTLB, President 



W. H. Mbndbnhall, Cashier. 



BBSOITBCSS. 

Loans and discounts ^ 

Overdrafts 

United States bonds on hand. 

North Carolina State bonds 

All other stocks, bonds and mort- 

Premlum on bonds 

Banking houses, furniture and fix- 
All other r^ estate owned 

Demand loans 

Due trom banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

Natioual bank notes and other U.S. 

Total 



$188,841.54 

^ 858.78 



5,000.00 
2,247.72 



10,000.00 

24,292.02 

122.10 

1,162.50 

1,877.64 

4,580.00 



288,482.80 



LIABILITIB8. 

Capital stock paid in 

Surplus fhnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid.. 



Notes and bilui rediscounted. 
Bills payable 

Time certificates of deposit... 
Deposits subject to check. 



Demand ceruflcates of deposit 

Due to banks and bankers 

Cashier's checks outstanding .. 
Certified checks 



Total... 



180,000.00 



14,410.0» 

15.00 

14,G85w00 

10,000.00 



82,678.17 

72,666.68 

7,616.60 

1,685.67 



288,482.80 



J. H. H ABBisoN, President. 



BAHE or LITTLETOV. 



H. F. Bonnet, Cashier. 



BBSOUBCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds — *. 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 

turcA 

AH other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items. 



Gold coin 

Sliver coin. Including ail minor coin 
currency 

National bank notes, and other U. S. 

Total 



624,752.84 
1,101.82 



386 85 



5,525.15 
448.37 
282.50 

2,215.16 

2,820.00 



37,081.19 



LIABILITIB8. 

Capital stock paid in 

Surplus ftmd 

Undivided profits, les4 current ex- 
penses and taxes paid 

Dividends unpaid 

Nt>tes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 



Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



' 18,060.00 
1,225.46 

474.32 



27,094.06 



187.35 



37,081.19 



Digitized by 



Google 



REPORT OP THE CONDITION OP STATE BANKS. 



327 



A. W. McLsAN, President. 



B4VK OF LUMBEBTOK. 



0. B. TowNSBND, Cashier. 



RBSOURCBS. 

Loans and dlscoants 

Overdrafts ' 

United States bonds on hand 

North Carolina Stale bonds 

All other stocks, bonds and mort- 



$181,848.01 
4,089.44 



Premlam on bonds 

Banking houses, fumltare and fix- 
All other~rearestate owned 

Demand loans 

Due tTt>m banks and bankers 

Gash Items 

Oold coin. 



Silver coin, including all minor coin 
currency 

National bank notes and other U. 8. 



Totol- 



1,600.00 
510 00 



8,627.50 
1,321.82 
8,511.D0 



214,667.88 



LIABILITIES. 

Capital stock paid in 

Surplus fdnd 

Undivided profits, lesM current ex- 
penses and taxes paid 

Dividends i^npald 

Notes and bills redlsconnted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit.. 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



920,000.00 
10,000.00 

6,889.62 

40.00 

10,000.00 



Total 



160,684.81 



214,697.88 



J. M. Galloway, President. 



BANK OF MADI80V. 



J. O. Raosdals, Cashier. 



RB80X7BCB8. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

Nort.h Carolina State bonds.. 



All other stocks, bonds and mort- 
gages 

Pretnlnmon bonds.. 



Banking houses, fhmitnre and fix- 
tures 

All other real estate owned 

Demand loans 

Due flrom banks and bankers 

Gash items 

Qold coin 

Silver coin, including all minor coin 

currency — 

National bank notes and other U. S. 

ToUl 



t88,686.68 
62.49 



200.00 



1,889.89 



1,000 00 

17,528.04 

21.72 

1,265.00 

911.45 

8,684.00 



60,648.77 



LIABILITIS8. 

Capital stock paid in 

Surplus ftmd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Ndtes and bills redlsconnted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



TotaL. 



110,000.00 



2,741.08 



45,900.00 



849.74 
151.95 



69,648.77 



W. J. Edwards, President 



BABE OF MAXTOV. 



T. O. Evans, Cashier. 



RESOUBGBS. 



Loans and discounts . 
Overdrafts- 



United States bonds on hand 

North Carolina State bonds 

All other stoc'ks, bonds and mort- 



gages. 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due fn)m banks and bankers 

Cash items 

Gold coin — 

Silver coin, Including all ml nor coin 

curr^-ncy .— 

National bank notes and other U.S. 

notes 

Current expense account 



TotAl 109,640.10 



182,689.96 
648.98 



8,854.56 



4.558.00 
14.025 94 
4,107.50 



810.13 



LIABILITIBS. 



Capital stock paid In 

Surplus ftind 

Undivided profits, less current ex- 
penses and taxes paid 



Dividends unpaid 

Notes and bills redlsconnted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding... 
Certified checks 



Total - 



820,000.00 



3,68«.58 
26,7^0.55 



58,558.71 



77.99 
471.27 
175.00 



109,^0.19 



Digitized by 



Google 



328 



N. C. CORPORATION COMMISSION. 



BAKE OF H0NT00MER7, TROT. 



W.J. Armfield, Jr., President. 



J. G. T0ML.IK8OIT, Cashier. 



BESOURCBS. 



Loans and dlscouaUi 

Overdrafis 

United Htates bonds on band 

North Carolina State bonds 

All other stoclcs, bonds and mork- 

gagts _ _. 

PreniiUtn on bonds 

Banlclng bouses, luroiture and'flx- 

turt-s 

All other real estate owned - 

Demand loans 

Due from banks and bankers 

Cash items - 

Gold ctiln 

Silver coin, including all minorcoin 

curi-enry 

National l>ank notes and other U.S. 

notes 

Total 



' LIABILITIES. 

$47,013.67 ' Capital stock paid in $10,000.00 

' Surplus fund- _ | 1,000.00 

Undivided profits, less current ex- • 

penses and taxes paid l,6i5.97 

Dividends unpaid ___' 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit. | 8,000.00 

Deposits subject to check 1 53,088.74 

Demand certificates of deposit I 

Due to banks and bankers 

Cashier's checks outstanding \ 549.85 

Certified checks 



618.11 



22,628.87 
119 45 
649.50 

2,150.46 

1,054.00 



74,284.06 



T 



Total-« 



74,234.06 



J. B. Shbrbill, President. 



BANK OF MOOaESVILLE. 



C. P. MoNeely, Cashier. 



resources. 



lioans and discounts 

Overd rafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds , 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due irom banks and bankers 

Cash Items 

Gold coin : 

Silver coin, including all minorcoin 

currency 

National bank notes and other U.S. 
notes 



TotAl. 



$57,150.34 
112.28 



2.298.99 



6.358.70 
197.40 
440.00 

968.48 

8,184.00 



70,719.14 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses. 



Dividends unpaid 

Notes and bills rediscounted 

Bi 1 is payable 

Time certificates of deposit 

Depokilts subject to check 

Demand certificates of deposit 

Due to t>anks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$20,000.00 



1.964.08 



18.716.28 
29,727.07 



811.17 



70,719.14 



W. E. Borden, President. 



BAHE 07 HT. OLIVE. 



M. T. Brbazbale, Cashier. 



resources. 



Loans and discounts 

Overdrafts , 

United Htat*^ bonds on hand 

North Carolina State bonds.. 

All other stocks, bonds and mort- 

gf^ges 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

AH other real estate owned 

Demand ii >aiis 

Due from tmnks and bankers 

Cash Items 

Gold coin 

Sliver coin, including all minorcoin 

currency 

National bank notes and other U. S. 
notes 



$28,856.10 



8,418.75 



3.500.00 



i Total. 



19,529.65 



653.85 
7,000.00 



62,458.35 



LIABILITIBB. 



Capital stock paid In 

Surplus fhnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total - 



$10,000.00 
1,000.00 

1,053.49 
80.00 



38,657.02 
15,129.87 



1,587.87 



62,458.86 



Digitized by 



Google 



REPORT OP THE CONDITION OF STATE BANKS. 



329 



R. L Cooper, PreAldeut. 



BANK OF HUBPHT. 



J.*H. Carter, Cashier. 



RESOURCES. 

LiOaoH and dlscoants 


$50,820.97 


LIABIIilTIES. 

Capital stofk paid in. - 


$10,000.00 


OverdraflH 


Hurplus fund 


1,000.00 


Unltod States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 


North Carolina State bonds 




2,424.00 


All other stocks, bonds and mort- 


2'.000.00 


gages 


Notes and bills rediscounted 




Premium on bonds. 


Bills payable 




Banking houses, furniture and fix- 


2,790.62 


Time certificates of deposit 




tures 


Deposits subJ«H!t to check 


56,341.30 


All other real estate owned 


Demand certificates of deposit 

Due to hanks and bankers 


4,490.88 


Demand loans 




3,656.86 


Duefn^m banks and bankers 

CashitemK 


17,765.42 
1,888.27 


Cashier's checks outstanding 

C«rt'ifie<i checks , 


976.86 


Gold coin _ __ 




Total 




Silver ooln, including all minor coin 
curreniv 


746.16 
2,882 00 




National bank notes and other U. 8. 
notes 




TotAl. - 


78.887.48 


78.887.48 



BkWK 07 VORTH WILKB8B0B0. 



J. E. FiNLE Y , P residen t. 



R. W. Qw YN, Cashier. 



RESOURCES. 

Loans and discountB 

Overdrafts 

United states l>ond8 on hand 

North Carolina State bonds : 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

GKi'd wiln 

Sliver coin. Including all minorooln 

currency 

National bank notes and other U.S. 
notes 

Total 



$107,041.17 
65.87 

~8,'o6o."oo' 

2,000.00 
202.50 

4,750.00 



27,189.64 
1,842.65 
2,878 50 

1,064.16 

2,875.00 



161,848.88 



LIABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided profits, l^ss current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier*s checks outstanding 

Certified checks 



Total- 



$20,000.00 
6,000.00 

1,180.76 



26,641.13 
97,810.87 



802.48 
136.20 
825.00 



161,848.88 



T. C. Leak, President. 



Bi5K 07 PBB DBS. 



. L. Parsons, Cashier. 



resources. 



$184,988.80 
1,441.96 



26,000.00 



Loans and discounts — 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages —. 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned «._. 

Demand loans 

Due from banks and tinkers • 78,612.87 

Cash items ! 

Gold coin ( 9,180.00 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

Revenue stamps - 1 



2,175.00 
6,816.67 



1,013.32 

9,000.00 
40.00 



Total - 312.796.62 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banlisand bankers 

Cashier's checks outstanding 

Certified checks 



$24,050.00 
16,000.00 

10,784.04 
896.00 



Total. 



15,807.96 
241,636.16 



4,706.60 
65.00 



812,796.62 



Digitized by 



Google 



330 



N. C. CORPORATION COMMISSION. 



BAVX OF PLTKOUTH. 



W. T. Old, President. 



Clabbnce Latham, Cashier. 



BESOUBOES. 

Loans and dlsoounto 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, fhrnlture and flx- 

AU other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Sliver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 



Total 



$80,188.87 
1,491.16 I 



8,500.00 



14,230.18 
588.78 
188.50 

488.25 

1,567.00 



52,087.74 



LIABILITIES. 



Capital stock paid in . 
Surplus fhnd. 



Undivided profits, less current ex- 

peiMes and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total-.. 



$12,500.00 
425.00 

1,211.04 



87,961.70 



52,067.74 



S. Bbtamt, President. 



BANK 07 RAVOLBMAV. 



J. H. Cole, Cashier. 



BB80UBCE8. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages. 



Premium on bonds 

Banking houses, fhrniture and flx- 

AU other real estate ownedfL-III" 

Demand loans 

Due from banks and bankers 

Cash items 

Gk>ld coin - 

Silver coin. Including all minor coin 

currency 

National bank notes and other U. S. 

notes 



Total 



$81,854.62 
07.44 



484.21 



7,060.50 
6,885.76 

1,405.89 
512.00 



48,286.92 



LIABILITIES. 



Capital stock paid in . 
Surplus fUnd... 



Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid. 



Notes and bills redlscounted 

Bills payable 

Time oerUflcates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$1S,280.00 



728.54 



8,000.00 



28,178.84 



2, 22!!. 82 
906.72 



48,286.92 



BAVK 07 BAVDOLPH. 



O. R. Cox, President. 



W. J. Abmfibld, Jb., Cashier. 



BB8OUB0E8. 



Loans and discounts 

Overdrafts . 

United States bonds on band 

Nortb Carolina State bonds 

All other stocks, bonds and mort 

gages 

Premium on bonds 

Banking houses, fhrnlture and fix- 
All other real estate owned 

Demand loans 

Due from t>anks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Total 



$106,012.67 



.18 



9,676.49 
811.72 
835.00 

948.00 

2,074.00 



122,190.91 



LIABILITIES. 



Capital stock paid in 

Surplus fhnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificated of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks __ 



$16,000.00 
12,500.00 

8,148,90 

""si^iioroo 



87,264.41 
177^00 



Total 122,190.91 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



331 



BAVK OF BSD 8PBIH08. 



A. B. P1BARBA.LL, President. 



R. L. Grbbn, Cashier. 



RBSOUUCES. 



Loans and discoants.. 
Oyerdrafls 



United States bonds on hand 

North Carolina State bonds. 



All other stocks, bonds and mort- 
gages. 



Premlam on bonds 

Banking houses, fhmlture and fix- 

All other real estate owned 

Demand loans 



Dae firom banks and bankers.. 
Gash items.. 



Gold coin 

Silyer coin, inolnding all minor ooin 
cnrrency 

National bank notes and other U.S. 
notes 



Total. 



$46,840.21 
86.70 



200.00 
1,785.01 



14,622.45 
518.88 
87.60 

511.89 

2,187.00 



66,180.49 



LIABILITIES. 



Capital stock paid in 

Surplus ftind 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscouiited 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and t^ankers 

Caiihier's checks outstanding 

Certified checks 



Total-. 



115,000.00 
800.00 



60.00 



49,816.90 
149791 



66,180.49 



BANK 07 BEID8VILLB. 



P. B. Johnston, President. 



J. F. Watlinoton, Cashier. 



BBBOUBCSS. 

Loans and discoants 

Orerdrafls.. 



United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
^gages. 



1166,867.24 
5,815.71 



Premium on bonds 

Banking houses, fhmiture and fix- 
tures ~.... «-- -.—- 

All other real estate owned 

Demand loans.. 



Due flrom banks and bankers 

Gash items 

Gold coin 



Silyer ooin, including all minor 
ooin currency 

National l>ank notes and other 
U.S. notes 



Total 



9,811.06 
5,478.65 
4,570.51 
10,878.46 
464.81 



6,027.94 



196,989.88 



LIABILITIBB. 

Capital stock paid in 

Surplus fhnd 



Unoivided profits, less current ex- 
penses ana taxes paid 

Dividends unjfiaid 

Notes and bills redisoounted 

Bills payable. 



Ti me certificates of deposit 

Deposits subjHSt to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certifi«)d checks 



Total- 



960,000.00 

10,029.68 

60.00 

46,066.72 



47,019.82 
46,871.60 



402.07 



198,969.88 



BANK 07 BOCKT MOUVT. 



Thos. H. BATTI.B, President. 




L. F. TiLLBBY, Cashier. 


BBSOUBCBS. 

TiOanff and discounts ^^^ 


$178,107.95 
1,901.48 


LIABILITIBS. 

Capital stock paid in 

Surplus ftind 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid .. 

Notes an«i bills redlscounted 

Bills payable...- 

Time certificates of deposit 


$40,000.00 


Overdrafts . 




North Carolina State bonds 

All other stocks, bonds and mortp 

gages 

Premium on bonds 

Banking houses, fhmiture and fix- 

tures 

All other real estate owned.. — . 





14.895.46 


6,650.00 





Depwits subject to check 

Demand ceriificatei* of deposit 

Due to banks and bankers 


165,027.17 


Demand loans 




491.18 


Due firom banks and bankers 

Cash items 


16,1^.44 
9,810.70 


Cashier's checks outstanding 

0*^rt4fl«d ch«c««# _ _ , 


400 00 
8,000.00 


Gold ooin 


5.00 

1,189.24 

10,047.00 




Silver ooin, including all minor coin 
currency... .. . — . 




National bank notes and other U.S. 
notes 




Total . .— - 


228,818.76 


Total 


228,818.76 







Digitized by 



Google 



332 



N. C. CORPORATION COMfflSSION. 



BANK OF RUTHBEFOSDTOV. 



D. F. Morrow, Preflldent. 



M. H. Morrow, Cashier. 



RB80URCBS. 



Loans and discounts.- _ $24,352.30 

Overdrafts _._ 857.05 

United States bonds on hand i 

North Carolina State bonds.. .' . 

All other stoolis, bonds and raort- | 

gages , 200.00 

Premium on bonds 

Banking houses, furniture and fix- 
tures i 5,000.00 



All other real estate owned. 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

cu rrency 

National bank notes and other U.S. 

notes 

Other resources— county and U. 8. 

claims 



Total 



06.00 



826 20 
906.89 
256.00 

861.45 

1,207.00 

647.69 



85,180.08 



LIABILITIES. 



Capital stxKsk paid in 

Surplus fund... 

Undivided profits, less current ex- 
penses and taxes paid ._ 

Dividends unpaid 

Notes and bills redlsoounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certiflcaies of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks , 



Total 



$10,000.00 
1,600.09 

469.10 



8. 437. TO 



5,224.4$ 
9,428.82 



85,180.08 



W. J. Edwards, President. 



BAVK OF SAHFOaD. 



8. P. Hatch, Cashier. 



RBSOURCES. 

LfOans and discounts 


$67,566.18 
946.21 

11,000.00 


lilABILITIBS. 

Capital stock paid in . 


$15,000.00 


Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

Premium on bonds .__-__._ , _. _ 


Surplus fund 

Undivided profits, lens current ex- 
penses and taxes paid 

Dividends unpaid- 

Notes and bills redlacounted 

Bills payable 

Tl me certificates of deposit- - >- 

DepositK subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding.. 
Ortlfl^ cb«^kff, . . . ,._-_ , 


2,000.00 
880. 8& 




Banking houses, fdrnlture and fix- 
All otherreal estate'ownedTT-IIII-I 

Demand loans 

Due from banks and bankers 

Cash items.. _ - 


585.98 

204.59 

6,000.00 

10,980.82 


80,832.82 
1,418.21 

26.1$ 


Gold coin 

Silver coin, including all minor coin 
currency 

National bank notes and other U. 8. 
note« . ., 


2,910.43 


Total 








Total 


100,194.16 


100,194.1$ 



BABK Of SHITHFIELD. 



AiiLBN K. Smith, President. 



C. V. Johnson, Cashier. 



RBSOUROBS. 

Loans and discounts 

Overdrafts 

United Slates bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total- 



$78,624.55 
12,997.21 



10,000.00 
2.500.00 



18,464.25 

804.86 

8,005.00 

2,715.50 

9,897.00 
123 68 



188,101.55 



LIABIIilTIBS. 

Capital stock paid in 

Surplus fund 

Undivided profits, I#sa current ex- 
penses and taxes paid 

Dividends unpaid 

Notes nnd bills rediscounted 

Bills piyab'e 

Time certificates of deposit 

Deposits subject U»chHck 

Demand certlfi« ates of d**posit 

Due to bankr* and bankers 

Cashier's chfckf* outstanding 

Certified checks 



Total.. 



$25,000.00 
4.000. 00 

826.90 

182.00 

17,996.00 

18,000.00 

"w'ooi'oi 



601.8S 
10.27 



188,101.55 



Digitized by 



Google 



REPORT OP THB CONDITION OP STATE BANKS. 



333 



BASK OF TASBOSO. 
John F. Shack lrford, President. 



Jo. J. Orbbn, Cafihler. 



RBSOITBCKS. 



! 



Loans and discounts - $100,876. 41 

Overdrafts j 

United States bonds on hand [ 

North Carolina State bonds 1 __ 

All other stocks, bonds and raort- j 
gages 



Premium on bonds 

Banking houses, furniture and fix- ! 

tures-— I 2,937.46 

All other real estate owned | 2,095.41 

Demand loans ^ — 

Due from banks and bankers. , 9,490.04 

Cash items .* 

Gold coin 

Silver coin, including all minor coin 

currency _ 

National bank notes and other U. s). 

notes -. 

Suspension account— questionable 

paper „^. 

Stationery on hand 



685.00 

3,906.81 

12,000.00 

1,246.91 
326.78 



Total ' 188,068.82 



LIABILITIES. 



Capital stock paid In 

Surplus fhnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted.- 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and tinkers 

Cashier's checks outstandings 

Certified checks „ 



Total 188,068.82 



925,000.00 
4,898.88 

429.61 



20,000.00 
15.800.84 
67,489.54 



E. M. Armfibld, President. 



BAKE OF THOHASVILLE. 



J. L. Armfibld, Cashier. 



RESOURCES. 



Ijoans and discounts 

Overdrafts _ 

United States bonds on hand 

North Carolina State bonds 

All other stocks,< bonds and mort- 
gages _ 

Premium on bonds 

Banking houses, fhmiture and fix- 
tures _._ 

All other real estate owned 

Demand loans 

Due Trom t>anks and t>ankers. 

Cash items __ „ 

GN)ld coin _. 

Silver coin, including all minor coin 
currency. ,.. 

National bank notes and other U.S. 
notes 



Total _ 67,448.92 



952,851.74 



680.00 



12,051.74 

~""750r00 

615.44 

1,000.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certlfld checks _._ 



96,500.00 
2,500 00 

566.61 



97,882.81 



TotaL 



67,448.92 



T. J. Covington, President. 



BANK OF WADE8B0B0. 



K. A. Allen, Cashier. 



resources. 



Loans and discounts. 

Overdrafts _. 

United States bonds on hand _ 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages — 

Premium on bonds ^. 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Sliver coin, including all minor coin 
currency 

National bank notes and other U.S. 
notes 

Expenses 



Total. 



$295.45 



41,743.79 

■""255r00' 

898.82 

8,000.00 
892.60 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



46,580.16 



Total. 



$25,000.00 



47.48 



2,000.00 
19,529.58 



8.15 



46,680.16 



Digitized by 



Google 



334 



N. C. CORPORATION COMMISSION. 



BAVK OF WASHIVGTOV. 
Sbth Bbidoman, President. Thos. J. Latham, Cashier. 



RESOURCES. 



Loans and discounts,. 

Overdrafts 

United States bonds on hand. 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages __ 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due nrom banks and bankers 

Cash items 



'8142,534.41 
175.76 



G«»ld ooln 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 



Total. 



5,800.00 
6,070.81 



21,428.91 
1,642.24 
5,562.25 

1,006.58 

88,988.00 



228,188.91 



LIABILITITS. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cttshler's checks outstanding 

Certified checks 



$50,000.00 
20,000.00 

5.191.88 



Total. 



146,942.94 
94&00 



100.04 



228,188.91 



BAVK 07 WA7HE, 60LD8B0S0. 



E. B. Borden, President. 




W. B. Borden, Cashier. 


RESOURCES. 

Loans and discounts 


8296,450.75 
1,465.75 

17,000.00 

15,000.00 

7,661.00 

60,178.81 

141,742.85 

587760' 

8,872.64 

47,88L00 


LIABILITIBB. 

Capital stock paid in 

Surplus fhnd. 

Undivided profits, less current ex- 
penses and taxes paid .. 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check. — 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 


8126,000.00 
50,000.00 

15,214.68 
452.00 

8,489.74 

294,968.88 

62,469.08 

48,25L48 

1,856.14 


Overdrafls 

United States bonds on hand 

North Carolina State bonds 


All other stocks, bonds and mort- 

Premium on bonds 

Banking houses, fhmiture and fix- 
All other real estate owned. 

Demand loans 

Due from banks and bankers 

Cash items.. .- 


Gold coin 

Silver coin, including all minor coin 

currency 

National l>ank notes and other U. 8. 


Total 




Total 


601,190.80 


501,190.80 





Bi5K OF WATVE8VILLS. 



Alden Howell, President. 



T. C. Skinner, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Cantllna State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due trom banks and bankers 

Cash items 

Gk>ld cola 



8149,272.65 
2,612.82 



Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 

Internal revenue stamps. 



Total. 



8,538.82 

"50;'626"88" 
7,288.83 
1,146.00 

880.12 

1,984.00 
50.52 



216,792.09 



LIABILITIES. 



Capital stock paid in 

Surplus ftind 

Undivided profits, less current ex- 

pensen and taxes paid 

Dividends unpaid 

Ndtes and bills rediscounted. 
Bills payable 



Time certificates of deposit.. 
Deposits subje<rt to check . 



Demand certificates of deposit... 
Due to banks and bankers- 



Cashier's checks outstanding 

Ct^rtified checks 



Total- 



840,000.00 
10,000.00 

2,404.18 



117,498.04 
46,539.68 



860.84 



216,792.09 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



335 



BAHK OF WELDOH. 



W. E. Daniel, President. 




W. R. Smith, Cashier. 


RESOURCES. 

LoanB and discounts 


$74,641.20 
291.95 


LIABILITIES. 

Capital stock paid in 

Surplus ftind 


«20,000.00 


Overdraft* - . - 


6,000.00 


United Slates bonds on band 


Undivided profits, less current ex- 
denses and taxes paid 




North Carolina State bonds 




208.35 


All other stocks, bonds and mort- 
gages 

Pn^minm on bonds 


21,725.00 
500.00 


Dividends unpaid — •.. 

Notes and bills rediscounted 




Bills payable 

Time certificates of deposit 




Banking houses, furniture and fix- 
tures 




Deposits subject to check. 


90,658.86 


All other real estate owned 


Demand certificates of deposit 


Demand loans „ ., 


"■i6,'i58."«9' 

4,149.87 

400.00 


Due to banks and bankere .. 

Cashier's checks outstanding 

Certified checks 




Dae ftom banks and bankers. 

Cash items 





Gold coin 

Silver coin, Includlngall minor coin 
currency 

National bank notes and other U S. 
notes 


Total - 




Tn(j%1 _ __ 


116,861.71 


116,861.71 









J. B. Perry, PrcHldent. 



BAHK OF T0ITN871LLX. 



W. G. RiDDiCK, Cashier. 



resouross. 



Loans and discounts 

Overdrafts 

United Slates bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
All other reiaiestate ownedlH— ~-I-. 

Demand loans 

Due from banks and bankers 

Gash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U. S. 



notes. 



Total 



$14,888.47 
o,0o4« 84 



400.00 



1,046.65 

92.74 

7.50 

100.20 

1,198.00 



20,722.80 



LIABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills rediscounted 



31118 payable . 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



is. 



000.00 
250.00 



806.72 



000.00 
609757 



449.84 
19.67 



20,722.80 



BATTIBT PABK BAVT, A8HB7ILLB. 



J AS. P. Sawyer, President. 




J. E. Rankin, Cashier. 


RESOURCES. 

Loans and discounts 


W88.870.W 

11,671.49 

20.00 

12,000.00 

1,000.00 
1,860.00 

17,457.76 
9,645.82 


LIABILITIES. 

capital stock i>aid in 


$100,000.00 
15,000.00 

19,766.28 


Overdrafts 

United States bonds on hand 

North Carolina State bonds 


Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid - 


All other stocks, bonds and mort- 
gages 

Premium on bonds 


Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 




Ban king houses, furniture and fix- 




tures ,. 

All other real estate owned 

Demand loans 


Deposits subject to check _. 

Demand certificates of deposit 

Due to banks and k>ankers 


815,285.04 

210.94 

18,651.14 

970.78 

1,744.88 


Due from banks and bankers 

Oa»h1t«ms _ ^ 


828,885.06 
9.828.98 
18,051.00 

8,168,92 

75,784.00 


Cashier's checks outstanding 

Certified checks 


Gold coin 

Silver coin, includlngall minor coin 
currency _ 


Total— 




National bank notes and other U. S. 
notes 




Total 


971,628.96 


971,628.96 



Digitized by 



Google 



336 



N. C. CORPORATION COMMISSION. 



BRANCH BANKISG COMPAHT. WIL80V 
H. G. Connor, President. J. C. Halks. Canhier. 



BBSOURCES. 



Loans and dlRoounts 

Overd rafl« 

United HtHtes bonds on hand 

North Carolina State bondR 

All other stdkks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, ftirnlture and fix- 
tures 

All other real estate owned 

Demand Iohus 

Due from banks and bankers 

Cai»h items 

Gold o«»ln 

Stiver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



29,785.56 
7,426.90 



1,500.00 



7,720.81 

'l6,'l20."48' 
98,a52.82 
6,104.83 
2,087.50 

1,852.29 

14,711.00 



Total. 



' 880,670.69 



LIABILITIES. 



Capital stock paid In 

Surplus fund. 

Urialvlded profits, less curi-ent ex- 
penses and taxes paid 

Dividend** unpaid 

NoteM and bills redlscountHl 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certlflfates of deposit 

Due to banks and bankers 

Cushier^R checks outstanding 

Certified checks 

Allowance for unearned interest... 



950,000.00 

18.000.00 

11,.'I29.72 



Total. 



10,000.00 
88.882.99 
250.507.98 



2,000.00 



880,970.1 



BBETABD BAHKIHe COKPAHT. 



J. F. Hats, President. 



J. W. McMiNN, Cashier. 



BKSOURCBS. 



Loans and discounts. 
Overdrafla . 



United Htates bond on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gagf^s 

Premium on bonds 

Banking houses, Aimiture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers I 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 

Total _ 79, 




I.IABII.ITIBS. 



$15. 000. 00 



166.49 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit ._ __ 

Deposits subject to check 64,781. 14 

Demand certificates of deposit 1 

Due to banks and bankers . 

Cashier's checks outstanding ' 

Certified checks • _ 



Total _ I 79,887.( 



CABOLIVA TBUST COMPAHT, BALEIGH. 



W. W. Mills. President. 



Wm. Hayes. Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North (^arollna State bonds I 

All other stocks, bonds and mort- 
gages ..-. 

Premium on bonds 

Banking houses, ftirnlture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency I 

National bank notes and other U. S. 
notes 



Total. 




liabilities. 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit- „_ 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashler^s checks outstanding 

Certified checks 



$100,000.00 



6,508.60 
14,900.00 



48,&'i0.16 



974.07 

2,882.01 

100.00 



Total I 168,960.84 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



SHI 



CITIZENS BAHK, ELIZABETH CITT. 



O. M'MULLAN, Presldeni. 



M. R. Griffin, Cashier. 




RESOURCKS. 

Loans and discounU — . — §107,014.59 

Overdrafts 1 1,773.33 

United States bonds on hand 

North Carolina State bonds. 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures — . 

All other real estate owned 

Demand loans _. 

Due f)x>m banks and bankers I :^, 163. 51 

Cash Items 275.10 

Gold coin I 2,308.84 

Sliver coin, Including all minor coin ! 
currency ■ 1,798.36 

National bank notes and other U.S. 
notes.- 6, 187.00 



LIABILITIES. 



Total 168,265.73 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid •_ 

Dividends unpaid 

Notes and bills redlscounted _. 

Bills payable „ 

Time certltlcates of deposit _. 

Deposits subject to check 

Demand ceriiflcates of deposit 

Due to banks and bankers.. _. 

Cashler*s checks outstanding 

Certlfled checks 



Total. 



«25,000.00 
2,500.00 

3,912 ^ 
60.00 



136,4:J2.H8 



822.01 
39.00 



168,265.73 



CITIZS58 BANK, FSAHKLINTOH. 



I. G. Staunton, President. 



\Vm. F. Joynbb, Cashier. 



RE80 URGES. 

Loans and discounts $8, ( 

Overdrafts 

United States bonds on hand . 

North Carolina State bonds.. 

All other stocks, bonds and moru i 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures. 

All other real estate owned. 

Demand loans 

Due Arom banks and bankers 

Cash Items 

Gold coin 

Silver coin, including all minor coin 
enrrency 

National bank notes and other U. S. 
notes 

Expense account 



Total- 




LIABILITIES. 



Capital stock paid In 

Surolus fund 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certlfled checks. 



16,546.00 



982.19 



12.229.50 

issues 



Total. 



19,898.34 



J. B. OwEif , President. 



CITIZIH8 BAHK, HENDEB80V. 



W. A. Hunt, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 
gages - 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due ftom banks and bankers 

Cash Items 

Gold coin _. 

Silver coin, including all minor coin 
currency ._ 

National bank notes and other U. S. 
notes _ 

Insurance department .*. 

Revenue stamps 



9240, 
13, 



Total. 



945.94 
412.28 



23,875.00 
10,043.60 



960.67 
585.88 
417.50 



2,819.86 

19,605.00 
264.19 
89.98 



LIABILITIES. 



Capital stock paid in 

Surplus fUnd 

Undivided profits, less current ex- 
penses and taxes paid , 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashler''s checks outstanding 

Certlfled checks , 



$100,000.00 
10,000.00 

4,841.06 



193.001.73 

71,455.90 

1,005.40 

365.51 

160.25 



880, 919. §5 



Total - 1 380,919.85 



Google 



-22 



Digitized by 



338 



N. C. CORPORATION COMMISSION. 



T. A. Grkbn, President. 



CinZEVS BAHK, NEW BEEN. 



H. M. Groves, Cashier. 



BSSOURCES. I 

Loans and discounts $148,247.60 

Overdrafts , 8,435.83 

United States l>onds on band I 

North Carolina State bonds i 50.00 

All other stocks, bonds and mort- ! 

gages ! 500.00 

Premium on bonds i 

Banlcing bouses, fUrniMire and fix- j 

tures I 6,980.00 

All other real estate owned 2,986.08 

Demand loans 

Duenrom banks and bankers 

Cash items 

GU>ld coin 

Silver coin, including all minor coin 

currencv _. 

National bank notes and other U. S. 

notes 



Total 200,829.38 



33,983.63 

2,322.17 

65.00 

921.12 

6,488.00 



LIABILITIES. 

Capital stock paid In 

Surplus fund 

Undivided profits, less current ex 

penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's cheeks outstanding 

Certified checks 



$50,000.00 
10,000.00 

11,366,77 



29,366.78 
99,3^.85 

"""563.*32 



Total 200,829.38 



H. R. ScoTT, President. 



CITIZEH8 BAKE, EEIDSVILLE. 

Scott Fillmas, Acting Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, fhrniture and fix- 
tures 

All other real estate owned — 

Demand loans — 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin. Including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$282, 778. W 
1,424.11 



Total. 



1,445.91 



3,600.00 

9,949.58 

222.12 

3,160.00 

2,841.15 

3,080.00 



258,450.86 



liabilities. 



Capital stock paid in 

Surplus fund _ 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



$50,000.00 
58,208.29 



4,471.98 



M, 125. 48 
61,482.72 



162.38 



258,450.86 



CLATTON BANKING COHPANT, CLAYTON. 

Ashley Horne, President. C. M. Thomas, Cashier. 



RESOURCES. 

Loans and discounts 


$22,117.32 
606.64 


Overdrafts 


United States bonds on hand- 

North Carolina State bonds 


All other stocks, bonds and mort^ 
gages _ - 




Premium on bonds 




Banking houses, furniture and fix- 
tures 


2,716.88 


All other real estate owned. 


Demand loans 


5,000.00 

8,795.61 

83.61 

1,057.50 

449.77 

1,615.00 


Due from banks and bankers. _ 

Cash items ._ 


Gold coin 

Silver coin. Including all minor coin 
currency _ 


National bank notes and other U. S. 
notes _ _ 




Total 


42,442.;« 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

DivtdeDds unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total - 



$10,000.00 



908. (f7 
12.50 



6,000.00 
"25,'52i."i6 



42,442.88 



Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



339 



COMHEBCIAL BANK, SUTHERFOSDTON. 

Dr. T. B. Twitty, President. J. F. Flack, Cashier. 



RESOURCES. 



Loans and discounts $24,889.39 

Overdrafts ! 767.78 

United States bonds on hand ' 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages ' 

Premium on bonds ' 

Banking houses, furniture and« fix- 
tures 

All other real estate owned 

Demand loan<t 

Due from banks and bankers 

Cash items 

Cxold coin _. 

Sliver coin. Including all minor coin 

currency 

National bank notes and other U. 8. 
notes 




Total - 



635.52 



1,458.00 



34,766.33 



LIABILITIES. 

Capital stock paid in $10,000.00 

Surplus fund 1,000.00 

Undivided profits, less current ex- 
penses and taxes paid 755.65 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 21, 857. 50 

Demand certificates of deposit 

Due to banks and bankers 787. 62 

Cashier's checks outstanding 415.56 

Certified checks 



Total - 



34,766.38 



COHMBRCIAL AVD FABMEBS BAHK, RALEIGH. 

J. J. Thomas, President. B. S. Jerman, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on band 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages - 

Premium on bonds 

Bunking houses, furniture and fix- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U.S. 
notes 



$374,130.58 
7,453.46 



Total 506,985.24 



88,175.00 



18,702.48 
13,958.81 
19,728.44 
88,991.80 
8,471.52 
4,496.00 

4,079.66 

23,799.00 



LIABILITIES. 



Capital Stock paid in __. 

Surplus fVind 

Undivided profits, less current ex- 
penses and taxes paid 

Di vidends unpaid 

Notes and bills red,l8dounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



$100,000.00 
25,000.00 

25,420.36 



25,000.00 



397,008.25 



19,061.60 

5,800.03 

200.00 



50^,985.24 



BA7I8 ft WILET BANK, SALISBUBT. 

Theo. F. Kluttz, President. 



O. D. Davis, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand _. 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages -. 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans.. 

Due from banks and bankers , 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes. _ - - 



$144, 

7, 



875.00 
394.45 



33,000.00 



000.00 
000.00 



584 93 
420.85 
500.00 



2,879.88 
21,150.00 



Total I 319,314. 11 



liabilities. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit. 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



960,000.00 
22,000.00 

2,^2.15 
596.00 



220,794.55 



4,982.68 
8,448.73 



819,814.11 



Digitized by 



Google 



340 



N. C. CORPORATION COMMISSION. 



FABMBR8 BANK, BOCKmOHAH. 

BoBT. L. Steei^e, President. L 8. Covington, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts J.. 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages __ 

Premium on bonds 

Banking houses, furniture and fix- 
tures ^ 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

cuiTencv _ _. 

National bank notes and other U. 8. 
notes 



TotaL 



«87,.%9.87 
74.17 



5,800.00 



1,750.00 

51,937.51 

32.48 

330.00 

1,448.54 

3.342.00 



102,079.52 



LIABILITIES. 

Capital stock jtaid in ^. 

Surplus fund— _. 

Undivided profits, leiw current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bil Is payable 

Time certificates of deposit _. 

Deposit* subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total.. 



$15,000.00 



2,150.^ 



^,277.04 
~"i,'«51."66 



102,079.52 



FABMEB8 AHB MEBCHANTS BAKE, LOUISBUBG. 
Wm. Bailey, President. W. J. Bybrly, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 
gages i 

Premium on bonds 



$110,509.82 
796.45 



Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans.. 



Due ftx)m banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 



Tojal 



2,786.29 



4,994.72 



775.00 
2,887.51 
5,128.00 



127,967.29 I 



LIABILITIES. 

Capital stock paid In 

Surplus fund 

Undivided profits less current ex- 
penses and taxes paid 

Dividends unpaid - 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand cerUflcates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



-I 



120,950.00 



7,047.6ft 



34,800.00 
14,ff70.75 
48,420.69 



1,774.80 
808.89 



Total. 



, 127.967.29 



FARKSB8 AVD MEBCHANTS BAHK, HEW BEBV. 
L. H. Cutler, President. T. W. Dkwbt, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages _ 

Premium on bonds. __ 

Banking houses, furniture and fix- 
tures ^L. 

All other real estate owned — 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes _ - 

Revenue stamp check books 



$127,165.74 

8,590.26 

200.00 

4,000.00 

5,000.00 
12.00 

7,800.00 



16,085.47 

28,436.27 

8,060.48 

600.00 

479.78 

5,687 00 
325.44 



Total 205.412.89 



LIABILITIES. 

Capital stock paid In 

Surplus fund 

Undivided profits, less carrent ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 



Time certificates of deposit.. 



Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 
Certified checks 



Total. 



175,000.00 
10,000.00 

1,589.88 

"""2,"560."00 



116,108.74 
280;27 



205,412.89 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



341 



B. N. Duke, President. 



FIDELIT7 BANK, DURHAK. 



John F. Wily, Cashier. 



BESOUBCBS. I 

! 

Loans and discounts '^>41,658.74 

Overdrafts 232. 3ti 

United States bonds on band ' 

North Carolina Slate bonds i 

All other stocks, bonds and mort^ i 

gages 112, 800. 00 

Premium on bonds | 

Banking houses, furniture and fix- 
tures _ i 3,806.00 

All other real estate owned 459.00 

Demand loans | 184,850.68 

Due from banks and bankers 79,878. 80 

Cash items ! 44,444.»4 

Gold coin ' 2,815.00 

Silver coin, including all minor coin * 

currency 

National 
notes 



ank notes and other U.S. 



Total 986,455.02 



4,811.50 
10,708.00 



LIABILITIES. 

Capital stock paid in $100,000.00 

Surplus fund I 100,000.00 

Undivided profits, less current ex- 
penses and taxes paid 33,102.87 

Dividends unpaid— , 498.50 

Notes and bills rcdlscounted 

Bills payable 

Time certificates of deposit 50, 506. 94 

Deposits subject to check 491,464.46 

Demand certificates of deposit 

Due to banks and bankers 26, 106.72 

Cashier's checks outstanding 4,120.46 

Certified checks - 766.14 

Savings deposits 179,791.70 

Revenue stamps 7.23 



Total— , 986, 455. 02 



6ILLAM & L70V, BAHKER8, WIMDSOR. 

Thomas Gillam, President. 



W. L. Lyok, Cashier. 



BE80UBCBS. 



Loans and discounts 

Overdrafts * 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Oold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 



Total- 



847,238.59 
2,210.53 



11,379.52 
139.16 



1,616.36 



62,584.16 



LIABILITIES. 



Capital stock paid In 

Surplus lund — 

Undivided profits, less current ex 

pensesand taxes paid. 

Dividends unpaid 

Notes and bills redlsoounted 

Bills payable — 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Dae to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$10,000.00 



56.63 



Total. 



48,631.65 



62,584.16 



GBEENSBORO LOAN AND TRUST COHPANT. 



J. W.Fby, President. 



W. E. Allen, Cashier. 



BESOUBCES. 



Loans and discounts 

Overdrafts _ 

United States tK)nds on hand 

North Carolina State tK)nd8 

All other stocks, lx>nd8 and mort- 
gages 

Premium on bonds 

Banking houses, fUmiture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cosh Items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



^58,914.65 
1,226.13 



Total. 



10,000.00 



600.00 
35,049.22 



28,9^4.55 

96,551.88 

6,908.76 

10,252.50 

728.43 

10,839.00 



060,954.62 



LIABILITIES. 



Capital stock paid in — 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to cheek 

Demand certificates of deposit 

Due to banks and bankers. 

Cashier's checks outstanding 

Certified checks 



Total. 



8100,000.00 
5,000.00 

4,253.67 



40,000.00 
'486^374^64 



23,009.38 
2,317.63 



660,954.62 



Digitized by 



Google 



342 



N. C. CORPORATION COMMISSION. 



GREENVILLE BANKINQ AND TRUST COKPANT. 



L. J. Moore, President. 



R. J. Cobb, Caaliler. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds... _ 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due flx>m banks and bankers 

Cash Items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total 



848,633.82 
7,561.53 



1,»41.(>4 



1,000.00 
827.77 
829.70 



400.79 
10.079.00 



71,278.65 



LIABILITIES. 

Capital stock paid in _ 


SIO, 500.00 


Surplus fund 


Undivided profits, less current ex- 
penses and taxes paid 




465.49 


Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 


1,700.00 
15,500.00 

2,000.00 
40,987.59 


Deposits subject to check 

Demand certlficat*es of deposit 

Due to banks and bankers 


i70r57 


Cashier's checks outstanding 

Certified checks 




Total 


71,273.65 



HERTFORD BAHKINQ C0MPAK7. 



G. H. Newby, President. 




L. W. Norman, Cashier. 


RESOURCES. 

Loans and discounts . -_ 


$38,867.88 


LIABILITIES. 

Capital stock paid in _ ». 


$15,000.00 


Overdrafts 


Surplus fund 


United States bonds on hand 




Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 




North Carolina State lx>nds 




1,143.41 


All other stocks, bonds and mort- 




gages 


Notes and bills redlscounted 




Premium on bonds 




Bills payable _ 


5,000.00 


Banking houses, furniture and fix- 
All other real estate owned 


1,058.55 


Time certificates of deposit . 


5,546.00 
25,007.64 


Deposits subject to check __ __ 

Demand certificates of deposit 


Demand loans . . .__ 


1,601.64 

8,253.51 

115.19 

40.00 

553.12 

1,240.00 


Due to banks and bankers 

Cashier's chocks outstanding 

Certified checks _ 

Total 




Due from banks and bankers 

Cash items _ 


32.31 


Gk)ld coin 




Silver coin, including all minorcoin 
currency 




National bank notes and other U. S. 
notes 








Total 


51,729.89 


51,729.39 









HERCHAKTS AHB FARMERS BAHK, DUNN. 

. F. Young, President. V. L. Stephens, Cashier. 



RESOURCES. 



Loans and discounts $80,946.52 

OverdrafU 4,387.14 

United States lx>nds on hand — 

North Carolina State bonds i 

All other stocks, bonds and mort- I 

gages 1, 000. 00 

Premium on bonds 

Banking houses, furniture and fix- | 

tures 5,000.00 

All other real estate owned 



Demand loans. 

Due from banks and bankers 

Cash Items 

Gold coin... 

Silver coin, Including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Stationery and stamp account 



Total 180,292.50 



10,000.00 
11,610.05 



16,861.10 



487.69 



LIABILITIES. 



Capital stock paid in 

Surplus ftmd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Cer^fled checks ___ 



Total 



$22,000.00 



5,633.88 
12.00 

9,000.00 
22,546.20 
12,617.OT 
51,220.75 



2,457.27 
4,801.73 



130,292.50' 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



343 



MERCHANTS AND PLANTERS BANK, MILTON. 

Jos. A. HuBDLE» President. R. L. Walker, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts^ 

United States bonds on hand 

North Carolina State bonds _. 

All other stocks, bonds and mort^ 

gages 

Premium on bonds ^__ _. 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin - 

Silver coin, including all minor coin 



$25,325.00 



471.50 



currency—. 
National bank notes and other U. S. 



1,487.42 
58.80 
600.00 

180.82 

1,727.00 



Total - I 29,850.54 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



S3, 000. 00 



3,456.90 

:«.00 

1,500.00 



9,686.00 
11,644.22 



453.00 
40.42 
35.00 



29,850.54 



MOREHEAD BANKING COMPANY, DURHAM. 

. E. Rawls, President. E. C. Murray, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds. 

Banking houses, furniture and fix- 

tui-es 

All other real estate owned 

Demand loans. __ 

Due from banks and bankers 

Cash items _ 

Gtold coin- ___ __ — . 

Silver coin, including all minor coin 



«161,012.03 
434.57 



28,200.00 



currencv . 
National bai 



12,082.00 
3,223.05 
3,000.00 

70,819.77 

748.24 

2,780.00 

2,182.77 



,nk notes and other U. S. ' 
notes I 8,527,00 



Total- 292, 989. 48 



LIABILITIES. 



Capital stock paid in 

Surplus ftind _ 

Undivided profits, less current ex- 

f)ense8 and taxes paid 
vidends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstunding 

Certified checks 



Total-. 



$127,600.00 
20,000.00 

3,157.49 
76.50 



25,4J»<J.a"> 
106,407.41 



9,78:^.54 
167.64 



292,1^U.43 



MUTUAL AID BANKING COMPANY, NEW BERN. 

C. C. Roach, President. " Jno. H. Fisher, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds _. 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 

' tures - - 

All other real estate owned 

Demand loans - -. 

Due from banks and bankers 

Cash Items 

Gold coin 

Sliver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$3,629.21 
174.32 



Total. 



717.78 
290.10 



378.11 



57.50 

324.87 



530.00 



6,101.89 



liabilities. 



Capital stock paid In 

Surplus fUnd 

Undivided profits, less current ex- 
penses and taxes paid.. 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total.. 



f»83.73 
106.73 



78.54 
23.20 



2.50.00 
1,892.95 
2,76(i.74 



6,101.89 



Digitized by 



Google 



344 



N. C. CORPORATION COMMISSION. 



PAMLICO IVSURAKCE AND BAKKINQ COMPAMY, TABBOSO. 

H. L. 8TATON. President. Job Cobb, Cashier. 



RESOURCES. 

Loans and discounts. S101,:n0.38 

Overdrafts i 8,547.76 

United States bonds on hand.._ i_ 

North Carolina State bonds I 

All other stocks, bonds and mort- 1 

gages— 

Premium on bonds ' 

Banking houses, furniture and fi.v- 1 

tures . I 2,003.79 

All other real estate owned i 3,437.24 

Demand loans ! 

Due from banks and bankers ' 51,741.5(1 

Cash items ! 2,276.89 

Gold coin 200.00 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 



Total. 



2,112.06 
7,509.00 



•264,141.68 



LIABILITIES. I 

Capital Stock paid in — .| 833,960.00 

Surplus fund 

(Jndivided profits, less current ex- I 

penses and taxes paid 42,201.91 

Dividends unpaid i 

Notes and bills rediscounted 

Bills payable _ — I 

Time certificates of depof>it j 83, 925. 55 

Deposits subject to check 102,454,04 

Demand certificates of deposit ' 

Due to banks and bankers . 551.05 

Cashier's checks outstanding ' 1.046.13 

Certified checks _ i 



Total. 



2W,14I.68 



O. P. Heath, Prfsideiit. 



PEOPLES BANK, MONROE. 

J. R. English, Vice-President. 



RE.SOrRCES. 

Loans and discounts.. 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans _. 

Due from banks and bankers 

Cash Items _ 

Gold coin_ 

Silver coin, including all minor coin 
currency. 

National bank notes, and other U.S. 
notes 



?21:i,ir72.56 
2^^3;^7.05 



Total. 



3,908.00 
1,275.96 



28,061.79 

""4,'i65roo" 

1,031.10 
9,225.00 



287,911.46 



LIABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided profits, l^s current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



S4i. 100.00 
12,000.00 

2,586.69 

250.00 

90,000.00 



49.256.06 

88,524.17 

3,925.78 

118.76 

150 00 



Total 287,911.46 



J. A. Long, Pie-sldent. 



PEOPLES BANK, ROXBORO. 



J. L. Bradsher, Cashier. 



RESOURCES. 



I 



LIABILITIES. 



000.00 
800.00 



800.00 
400.00 



I^ioans and discounts _ ?107,742.86 i 

Overdrafts 12,122.50 

United States bonds on hand 1 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages. - — , 10, 

Promlum on bond.s 

Banking houses, furniture and fix- 
tures 

All other real esttite owned _ ' 1, 

Demand loans I i 

Due from banks and bankers | 11,429.42 ] 

Cash items , 442.18 i 

Gold coin 1,.100.00 

SUvercoin, including all minorcotn < ' 

currency , 468.31 I 

National bank notes and other U. S. , 

notes ' 8,621.00 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Not«8 and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

(Certified checks 



Total- , 162,826.27 I 



Total . 



$40,000.00 
10,000.00 

3,859.84 
7.00 
15,000.00 
10,000.00 
25, 666. .38 
54,759.16 

2;958.'09 

80.80 



162,826.27 



Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



345 



PILOT BANK AND TSUST COMPANY, PILOT MOUNTAIN 

R. W. George, President. J. A. Stone, Cashier. 



RESOURCES. 

Loans and discount 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds. _ 

Banlcing houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cush items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes 



LIABILTIES. 



M4,290.49 
458.15 



Total 



7,200.00 



2,006.00 
87.80 
562.50 

1,897.90 

321.00 



56,201.58 



Capital stock paid in I $20,000.00 

Surplus fund \ - 

Undivided profits, leas current ex- i 



penses and taxes i>ald . 

Dividends unpaid 

Notes and bills redlscounted._-, 

Bills payable 

Time certificates of deposit 

Deposits subject to check _ 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks — 



Total. 



1.10K.51 



4.7i>4.32 
10,000.00 
15,688.71 

4,519.32 



130.67 



56,201.53 



PLANTEB8 BANK, BOCKT MOUNT. 



J. C. Braswbll, President. 



W. P. Hamilton, Cashier. 



RESOURCES. 



Loans and discounts 

Overdmfts 

Tiiited States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ._. 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



$148,199.50 
5, 162. 19 



Total 187,848.30 



2.066.02 



10,512.12 
11,109.07 
1,4.30.00 

3,077.40 

10,793.00 



LIABILITIES. 



Capital stock paid in 

Surpms fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid , 

Notes and bills redlscounted 

Bills payable . 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outAtanding 

Certified checks... 



Total. 



840,000.00 
6,000.00 

6,757.92 



80,000.00 
'i65;359r08 



10.82 

200.20 

15.28 



187,343.30 



SOUTHERN LOAN AND TRUST COMPANT, QRESNSBORO. 

E. P. Wharton, President. R. G. V aughn. Treasurer. 



RESOURCES. 



Loans and discounts $810, 

Overdrafts .1 6, 

United States bonds on hand | 

North Carolina State bonds j 

All other stocks, bonds and mort- 
gages 1 54, 

PR'mlum on bonds I 

Banking houses, furniture and fix- 

♦ tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

CJash Items 

Gold coin _ 

Silver coin, including all minor coin 

currency 1 

National bank notes and other U.S. 

notes - 

Revenue stamps 



073.20 
061.00 



120.25 



Total. 528,430. 13 



416.64 
901.01 
860.17 
276.88 
7(fi.00 



2,557.81 



14. 



157,00 
307.24 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid.. 

Dividends unpaid 

Notes and bills redlscounted— 

Bills payable 

Time certificates of deposit „ 

Deposits subject to check 

Demand certificates of deposit 

Due banks and bankers 

Cashier's cheeks outstanding 

Certified checks _ 



$100, 
25, 



000.00 
000.00 



19,427.60 



059.86 
000.00 



262, 
17, 
57, 



848.27 
000.00 
287.84 
806.56 



I 



Total 528,430.18 



Digitized by 



Google 



346 



N. C. CORPORATION COMMISSION. 



SOUTHSRH STATES TRUST COHPAKT, CHARLOTTE. 
Qeorge Stephens^ President. W. H. Wood, Treasurer. 



RESOURCES. 

Loans and discounts 

Overdraft 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages - 

Premium on bonds 

Banking houses, fdmlture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash Items 

Gk)ld coin c 

Silver coin. Including all minor coin 

currency _. 

National bank notes and other U. S. 
notes _ 



S249,&18.52 



3,567.70 



Total 278,586.77 



20, 199. .52 ! 

1,384.24 I 

245.00 

646.45 

1,975.00 



LIABILITIES. I 

Capital stock paid in _J $100,000.00 

Surplus fund 

Undivided profits, less current ex- I 

penses and taxes paid 6, tJ78. St» 

Dividends unpaid i 

Notes and bills rediscounted ' 

Bills payable , 46,500.00 

Time certificates of deposit, I 7,5oO.OO 

Deposits subject to check 115,357. :M 

Demand certificates of deposit ' 

Due to banks and bankers 

Cashier's checks outstanding I 

Certified checks 

Trust deposits | 2,450.54 



Total- 



278,536.77 



STATE8VILLE LOAH AFB TRUST C0MPAN7. 
M. K. Steele, President. D. M. Ausley, Treasurer. 



RESOURCES. 



I 



Loans and discounts. ' $95,678. 19 

Overdrafts | 1,828.09 

United States bonds on hand — 

North Carolina State bonds 

AH other stockS) bonds and mort- 
gages 

Premium on bonds 

Banking houses, fhrniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gtold coin 

Silver coin, InQludingall minor coin 

currency 

National bank notes and other U.S. 
notes 



Total 120,587.03 



1,498.6 



2,000.00 

9,230.18 

339.28 

3,185.00 

1,281.66 



5,601.00 



LIABILITIES. 



Capital stock paid In __ 

Surplus fund 

Undivided proflu, less current ex- 
penses and taxes paid _ 

Dividends unpaid 

Notes and bills rediscouuled 

Bills payable 

Time certlflcatts of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



925,000.00 
1,825.17 



26,550.05 



54.455.96 

11.068.97 

1,409.42 

228.46 



Total .- ] 120,587.08 



SURRY COUNTY LOAN AND TRUST COMPANY. MOUNT AIRY. 
Jesse H. Prather, President. Geo. D. Fawcett, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdraft* 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 

fi^ages- — 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned _. 

Demand loans 

Due from banks and bankers 

Cash Items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



$23,513.26 



164.50 



1,776.80 



Total. 



LIABILITIE.S. 

Capital stock paid in i 

Surplus fhnd 

Undivided profits, less current ex- I 

penses and taxes paid 

Dividends unpaid ' 

Notes and bills rediscounted [ 

Bills payable 



$15,600.00 



149.00 : 
1,900.00 I 



27,503.65 



687.77 



Time certificates of deposit i 8,000.00 

Deposits subject to check ' 3, 120.88 

Demand certificates of deposit | 96. 00 

Due to banks and bankers 

Cashier's checks outstanding ' 

Certified checks _ , 



Total I 27,508.65 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



347 



TOISHOT BAVKUre COMPAKT, ELM CITT. 
R. S. Wklls, Preeldent. E. M. Simpson, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banlcing houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from baniss and tmnkers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

Total 



$56,558.94 
42.88 



3,288.73 



12,854.24 
66.53 
1^.00 

640. &4 

5,834.00 



79,415.86 



LIABILITIES. 



Capital stock paid in 

Surplus fUnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable— 

Time certificates of deposit 

Deposits subject to check 

Demand certlflcat.es of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



«10.000.00 



2.528.02 



21,6M.41 
44,812.33 



421.10 



79,415.86 



WACHOVIA LOAH AHD TBU8T C0MPAN7, WIHSTON-SALEM. 
F. H. Fries, President. H. F. Shaffner, Cashier. 



RESOURCES. 



LKXins and discounts $864, 870. 68 

- - l,ai6.42 



Overdrafts 

United States bonds on hand 
North Carolina State bonds.. 
All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, fUrniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due fl*om banks and bankers 

Cash Items 

Gold coin I 52, 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Invested trust assets 



600.00 
352.64 



000.00 

568.65 



Total- 



368.16 
104.37 
082.50 

1,110.18 



8. 

287, 



791.00 
660.33 



1,392,7&4.03 



LIABILITIES. 



Capital stock paid in 

Surplus ftind — 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Deposits In trust 



Total. 



$200,000.00 



75,128.44 
"is; 000755 



535,519.29 
147,225.48 

a*, 522. 94 
3,667.14 

25,000.00 
a53,601.64 



1,:}92,754.93 



BAHK OF LEHOIB. 



G. W. F. Harper, President, 




J. H. Beall, Cashier. 


RESOURCES. 

Loans and discounts _ . 


$82,058.82 
40.22 


LIABILITIES. 

Capital stock paid in 


$10,000.00 


Overdrafts . 


Surplus fUnd 




United States bonds on hand 


Undivided profits, less current ex- 
penses and taxes paid 




North Carolina State bonds 


6,500.00 


12,069.65 


All other stocks, bonds and mort- 


Dividends unpaid 




gages^ . -. 


Notes and bills redlscounted. 




Premium on bonds 


500.00 
1,080.00 


Bills payable . . 


6,000.00 


Banking houses, furniture and fix- 
tures -. 


Time certificates of deposit 




Deposits subject to check . 


67,218.83 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers 


11,005.00 


Demand loans 




1.532.75 


Due from banks and bankers 


12,706.16 
4,941.08 


Cashier's checks outstanding 


Cash Items - -. 


Certified checks 




Gold coin 

Sliver coin, including all minor coin 
currency 






National bank notes and other U. S. 
notes -- - - 






Total 






107,826.23 


Total 


107,826.23 



Digitized by 



Google 



348 



N. C. CORPORATION COMMISSION. 



BANK OF LIVCOLHTOH. 



B. F. Grigg, President. 



W. E. Grigg, Cashier. 



RESOURCES. 



I 



LIABILITIES. 



Loans and discount.s 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages. -.- — 

Premium on bonds 

Banking houses, furniture and fix- 
tures , 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items _ 

Gold coin - 

Silver coin, Including all minor coin 

currency 

National bank notes and other U. 8. 
notes 



Total - 45.645. 



»28,776.66 
185.27 



6,500.00 
100.66 



11,751.42 

""ooo.'oo" 

1,011.78 
1,470.00 



, Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outetandlng - 

Certified checks 



$8,000.00 
1,000.00 



3,113.20 



3.526.97 
25,244.23 
4.699.92 



Total — 



01.66 



45,645.08 



BANK OF HARTIJff COUNTT, WILLIAHSTON. 

J. G. GODARD, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand ___ 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages - 

Premium on bonds._ 

Banking houses, furniture and fix- 
tures - 

All other real estate owned 

Demand loans _. 

Due from banks and bankers 

Cash items _ 

Gold coin - 

Silver coin, including all minor coin 
currency 

National bank notes and other U. S. 
notes 



Total. 



981,821.20 

1,888.44 

500.00 



1,000.00 



1,807.56 



7,725.55 
2,825.81 



1,219.57 



47,28:^.13 



LIABILITIE.S. 



Capitol sto^k paid In 

SurpluK fund 

Undivided profits, less current ex- 
penses ana taxes paid _. 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposit* subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks out«tandlng 

Certified checks 



Total- 



$10,000.00 
2,500.00 

540.07 



4,155.00 
28,723.14 



1,864.92 



47,283.18 



BANK OF HA8HVILLE. 



F. B. Ricks, President. 




S. F. Austin, Cashier. 


RESOURCES. 

Loans and discounts 

Overdrafts 


$10,851.18' 
669.24 


LIABILITIES. 

Capital stock paid in 

Surplus fund 


$5,000.00 


United States bonds on hand 


Undivided profits, less current ex- 
oenscs and taxes oaid 




North Carolina State bonds 




582.81 


All other stocks, bonds and mortr 




Dividends unpaid 






Notes and bills rediscounted 




Premium on bonds 




Bills payable 

Time certificates of deposit 




Banking houses, furniture and fi.x- 
tures - 






Deposits subject to check 

Demand certificates of deposit 


11,116.87 


All other real estate owned 






Demand loans _ _. .. 




Due to banks and bankers 




Due from banks and bankere 

Cash Items. __. 


3,348.46 


Cashier's checks outstanding 

Certified checks. 


69.64 


Gold coin 


612.50 
781.99 
506.00 


ToUU - 




Silver coin, including all minor coin 
currency 




National bank notes and other U.S. 
notes.- — -- 








Total — _ - 


16,769.32 


16,709.82 







Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



349 



W. L. London, President. 



BANK OF PITT8B0B0. 



M.T. Williams, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds— — 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned .. 

Demand loans 

Due trom banks and bankers 

Cash Items _. 

Gold coin 

Silver coin, including all minor coin 

currency _ 

National bank notes and other U.S. 



Total 26.527.28 



$19,260.34 



1,365.47 



2,763.60 

528.17 

1,620.00 

262.65 

742.00 



LIABILITIES. 

Capital stock paid In _ ' $8,000.00 

Surplus fund 

Undivided profits, less current ex- i 

penses and taxes paid 450.21 

Dividends unpaid ]__ 

Notes and bills redlscounted _ 

Bills payable _ 



Time certificates of deposit 

Deposits subject lo check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total - 



9,164.66 
8,903.36 



26,527.23 



M. C. Winston, President. 



THE BAITK OF 8ELXA. 



L. D. Debnam, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 
gages. 



Premium on bonds 

Banking houses, ftimlture and fix- 
tures 

All other real estate owned 

Demand loans — — . 

Due trom banks and bankers 

dash items 

Gk)ld coin 

Silver coin, including all minor coin 

currency — 

National bank notes and other U. S. 
notes 



$28,865.06 
18,586.84 



2,235.60 



Total. 



47,150.12 



400.47 
20.00 
310.00 

147.66 

7,094.00 



LIABILITIES. 



Capital stock paid In 

Surplus fhnd 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bllfa redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand cerUflcates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 
292.65 



8,000.00 
"88",786ri2 



7L46 



47, 150. 12 



B. BLAVTOV ft COHPANT, BAHEEES, SHELBY. 
Charles C. Blanton, President. George Blanton, Cashier. 



RESOURCES. 



Loans and discounts _. 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 

Premlum on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans . 

Due trom banks and bankers 

Cash items 

Gold coin 



$260,828.87 
2,817.89 



Sliver coin, including all minor coin 
currency 

National bank notes and other U. S. 



Total. 



1,000.00 

1,997.14 

1,687.68 

28,555.42 

45.80 

692.50 

8.223.64 

5,298.00 



315,185.44 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$50,000.00 
12,500.00 

4,185.78 

""38^506700 



71.977.96 
141,778.64 



1,193.11 



815,185.44 



Digitized by 



Google 



350 



N. C. CORPORATION COMMISSION. 



CHATHAM BASK, 8ILER CITT. 



F. M. Hadley, President. 




J. J. Jenkins, Cashier. 


RESOURCES. 

Loans and discounts 


$10,422.27 
33.92 


LIABILITIES. 

Capital stock paid In > . 


S2.500.00 


Overdi'afts 


Surplus fund 




United States bonds on hand 

North Carolina State bonds 


Undivided profits, less current ex- 
penses and taxes paid 




All other stocks, bonds and mortr 
gages 




Dividends unpaid | — — — 

Not/es and bills redlscounted I 


Premium on bonds 




Blllspayable . i 


Banking houses, furniture and fix- 
tures _- _ - 


869.87 


Time'certlflcates of deposit. - 

Deposits subject to check 


3.950.00 
11,836.47 


All other real estate owned 


Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Total profits 

Total 




Demand loans 




586.52 


Due from banks and bankers 

Cash itendi — 


2,128.84 
3,875.27 
1,075.00 

560.98 

447.00 

755.60 


143.64 


Gk)ld coin 


662.12 


Silver coin, including all minor coin 
currency 




National bank notes and other U.S. 
notes 




Expenses, including stationery on 




Total 


19,668.75 


19,668.75 



T. J. LuTZ, President, 



COMMEBCIAL BAETK. LEHOIB. 



O. P. LuTZ, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned __ 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$20,027.90 
2.44 



4,250.00 



2,348.65 
._ 1 

600.00 I 

1,081.57 I 

1.700.00 ' 
22.75 I 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



29,981.31 



Total 29,981.81 



S10.000.0D 
2,491.22 



4.020.60 
12,974.19 



445.30 



DIME BAVK, KnrSTOH. 
Chas. F. Dunn, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages -— --- - 

Premium on bonds 

Banking houses, fhrniture and fix- 
atures __ I 

All other real estate owned . 

Demand loans ' 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Person al^property 



$595.42 
2,814.34 



1,960.00 
20,000.00 



Total- 



31.75 



129.88 



1,250.00 



26,781.89 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject t(» check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



$16,173.74 



6.500.00 
5.00 



26,781.89 



UoogTe" 



Digitized by 



REPORT OF THE CONDITION OF STATE BANKS. 



351 



Jno. L. Bailey, President. 



ELM CITT BAHK. 



E. O. McQowAN, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts - 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items __ _ 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U.S. 
notes— 



Total. 



$29,890.68 
1,991.33 



2,084.90 



640.36 
6,130.91 
2,768.06 



43,506.24 



LIABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid ._ 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



110,000.00 



2,653.00 



2,025.00 
6,143.82 
22,676.33 



8.00 



43,506.24 



OABDHER k JEFFBE8S, BAHKES8, WABREHTON. 
J. M. Gardner, Cashier. 



RESOURCES. 

Loans and discounts $48,051.20 

Overdrafts....-...- . . , 3,487.42 



United States bonds on hand 

North Carolina State bonds 

AH other stocks, bonds and mort- 
gages — — 

Premium on bonds — 

Banking houses, furniture and fix- 
All other real estate owned 

Demand loans — 

Due trova banks and bankers 

Cash Items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



500.00 
1,758.11 

"7'866.'32' 
1,725.41 
1,000.00 

445.84 

6.202.00 



70,975.80 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



$10,000.00 



6,765.18 



54,210.17 



70,975.80 



OASTOHIA BANKIVO COMPANT. 
John F. Love, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand. 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash Items 

Gold coin 

Sllvercoin, Including all minor coin 

currency ■ 

National bank notes and other U.S. 

notes 

Savings banks 



Total - 



176,000.84 
132.25 



131,100.00 



4,497.85 
29,765.64 
11,869.97 
22,054.20 

2,226.90 



1,487.33 



2,383.00 
260.00 



281,227.48 



LIABILITIES. 



Capital stock paid in 

Surplus flind 

Unaivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Tl me certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



920,000.00 
50,000.00 

1,589.10 



12,500.00 



85,202.58 
161,771.75 



9,064.76 
1,099.20 



281,277.48 



Digitized by 



Google 



352 



N. C. CORPORATION COMMISSION. 



CHARLES T. 0E7ER ft 80H8, BAVKEB8, 80UTHEBH PDIES. 

R. E. Geyer, Cashier. 



RESOURCES. I 

Loans and discounts | 18,766.30 

Overdrafts * 

United States bonds on hand i 

North Carolina State bonds I 

All other stoclcSf bonds and mortr | 

gages 1 — 

Premium on bonds 

Banking houses, furniture and fix- 
tures ' 

All other real estate owned _i 

Demand loans ! 

Due from banks and bankers 1, 

Cash items I 

Gold col n 

Silver coin, including all minor coin | 

currency , 

National bank notes and other U. B. | 

notes 

Revenue stamps 



-I 



Total .-^ 



500.00 
155.25 
395.00 
,418.08 

"'22.'50' 

200.88 

461.00 
3.00 



6.921.47 



LIABILITIES. 

Capital stock paid In 

Surplus fund _ 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redisconnted i. 

Bills payable 

Time certificates of deposit — 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



11,000.00 



42.2S* 

"eooToo 



5,152.9* 



126.20 



Total 



6,921.47 



F. DiLLiNG, President. 



Knro'8 HourrAiv butk. 



L. R. Hagood, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts— 

United States bonds on band 

North Carolina State bonds 

All other stocks, bonds and mortr 

Premium^on bonds 

Banking houses, furniture and fix- 
All oiherlrealesUbteownedl 

Demand loans 

Due fkx>m banks and bankers 

Cash items 

Gold coin ^ 

Silver ooln, including all minor coin 

currency 

National bank notes and other U.S. 



Total 68,567.76 



$49,632.00 



800.00 



8,650.00 
4,190.27 



75.49 
700.00 



LIABIIilTIBS. 

Capital stock paid in 

Surplus ftind 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total 



$5,000.00 
3,000.00 

54S.00 

lo."ooo."o6 



2,280.00 
11,800.48 



63,667.76 



HUQH MACBAE k COMPAHT, BABKEB8. WILMIHeXOH. 



RESOURCES. 



Loans and discounts 

Overdrafla 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages ._-. 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

Ail other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency- 
National ban I 



notes. 



k notes and other U.S. 



Total. 



$10,845.00 



1,962.86 



15,440.00 
9,664.94 



1,474.99 



88,887.79 



LIABIIilTIBS. 




Capital stock paid in . ^ 


$10,000.00 


Surplus fond 

Undivided profits, less ourrent ex- 






penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 


2,819.91 






Bills payable 




Time certificates of deposit 




Deposits subject to check 


26;567.^ 


Demand certificates of deposit 


. , . , , .,.. 


Due to banks and bankers 


.—.—__—_ 


Cashier's checks outstanding — . 




Certified checks 




Total 


88.887.79 



Digitized by 



Google 



REPORT OF THE CONDITION OP STATE BANKS. 



353 



MERCHAHT8 AHD PAEMBR8 BAHK, MABIOH. 
T. F. Wrenn, President. B. L. Qaston, Cashier. 



RESOURCES. 



Lioans and discounts 

Overdrafts 

United States bonds on band 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, Airniture and flz- 

; tures 

All other real estate owned 

Demand loans 



925,588.50 
60. OT 



1,000.00 



Due from ban ks and bankers — | 8, 717. 15 

Cash items 

Gold com 

Sliver coin, including ail minor coin 

currency 

National bank notes and other U.S. 

notes 



65.00 
786.83 



1,860.00 



Total 



i 32,663.15 



LIABILITIES. 



Capital stock paid in 

Surplus ftmd — 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills redisoounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check .* 

Demand certificates of deposit 

Due to banks and bankers.... 

Cashier's checks outstanding 

Certified checks 

Drafts deposited for collection 



Total 82,563. 15 



«19,075.00 



445.51 



12,760.64 



282.00 



E0U8B BROTHERS, BAHKER8, LAORAHOE. 



N. J. Bouse, President. 



B. E. Bouse, Cashier. 



RESOURCES. 

Loans and discounts 

Overdmfts 

United States bonds on band — 

North Carolina State bonds 

All other stocks, bonds and moi-t- 

gages 

Premium on bonds... 

Banking houses, furniture and fix- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 



116,701.22 



notes. 



Total. 



725.00 

^,"207."62" 

2.00 

. 755.00 

650.95 

6,857.00 



28,007.69 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses ana taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check.. 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total - 



$4,500.00 
1,360.04 



4,000.00 
"i8^275."40 

3r8ri2 

455.13 



28,907.09 



A. McDowell, President. 



8C0TLAVD EECK BAHK. 



F. P. Shields, Cashier. 



RESOURCES. 

Lioans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

AH other stocks, bonds and mort- 

Premium on bonds 

Banking houses, furniture and fix- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

cu rrency 

National bank notes and other U. S. 

notes 



Total. 



154,865. 
2,648. 



6,959. 
767. 



96 



7,868.98 
7,910.65 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check .: 

Demand certificates of deposit... 

Due to hanks and bankers 

Cashier's checHs outstanding 

Certified checks 



81,884.88 Total 



$5,000.00 
6,000.00 

2,012.57 



15,000.00 



9,624.18 
44,068.25 



684.93 



81,3frl.88 



-23 



Digitized by 



Google 



354 



N. C. CORPORATION COMMISSIOK. 



SPRING HOPE BANEIHG COMPANT. 



B. W. Upchurch, President. 



J. M. Peabson, Cashier. 



881,^70.20 
1,230.27 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on band 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds _. 

Banking houses, Airniture and fix- 
tures , 

All other real estate owned 

Demand loans 

Due ftx>m banks and bankers ' 1, 166.88 

Cash Items 1 

Gold coin I 

Silver coin, including all minor coin | 

currency 

National bank notes and other U. 8. 
notes 8,668.00 



469.50 



TotaL- 



436.15 



88,541.00 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and thinkers 

Cashier's checks outstanding 

Certified checks 



Total. 



910,000.00 
315.50 



14,000.00 

700.00 

12,150.41 



1,373.50 
1.50 



38,541.00 



ASHEVILLE SAVIVOS INSTITUTIOH. 



R.S. HowLAND, President. 



W. L. Blodget, Treasurer. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, ftirniture and fix- 
tures 

All other real estate o^ifned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National Dank notes and other U.S. 



notes . 



Total 



$500.00 



894.00 



13,154.70 



27.87 
50.00 



14,126.57 



LIABILITIES. 



Capital stock paid In . 
Surplus fund- 



Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Duo to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total- 



$103.63 



14,022.94 



14,128.57 



ATLAHTIC TRUST AHD BkVKUSa C0HPAN7, WILKINOTOH, 

Matt. J. He YER, President. Mitchell F. Allen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All ^ther stocks, bonds and mort^ 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 
notes - 



$107,484.21 



Total. 



182.83 



146.27 
537.00 



118,212.29 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Duo to banks and bankers 

Cashier's checks outstanding 

Certified checks 



$50,000.00 



2,745.78 



60,466.51 



Total — I 113,212.29 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



355 



CABABBUS SAVIHOS BAHK, ALBEHABLE AVD COVCOBD. 
D. F. Cannon, President. H. I. Woodhousk, Cashier. 



RESOURCES. 



Loans and discounts.. 
Overdrafts. 



United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort^ 

gases 

Premium on bonds 

Banking houses, ftirniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



$260,474.70 
8,248.48 



Total- 



3,861.26 



65,770.90 

'15^415700' 

4,350.42 

11,400.00 
28.40 



850,058.16 



LIABILITIES. 



Capital stock paid in . 
Surplus fund . 



Undivided profits, less current ex- 
penses and 



taxes paid- 
Dividends unpaid 

Notes and bills rediscounted 

Bills payable f. 

Time certificates of deposit 

Deposits subject to check 

Demand c-ertificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks, 
Savings deposit . 



Total. 



125, 
12, 

19, 

20, 



000.00 
500.00 

277.80 

15.00 

000.00 



43, 



689.19 
901.52 



1,330.42 
372.11 



7,022.12 



359,058.16 



J. S. Carr, President. 



CIUZEHS SAYIHGB BAHK. DUBHAH. 

W. W. Whitted, Cashier. 



RESOURCES. 



Loans and discounts _ 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, t)onds and raort- 



Premlum on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total— 



$49,250.35 
255.83 



265.44 



15,919.51 

7,195.81 

696.61 

300.00 

586.00 

1,302.00 



75,771.55 



liabilities. 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outatanding 

Certified checks 



Total. 



$15,000.00 



1,027.02 
8.25 



16,289.27 
42,719.36 



727.65 



75,771.56 



CITIZEH8 8AVIVGS BABE, KIN8T0H. 



N. J. Rouse, President. 



C. F. Harvey, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand: 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from t)anks and bankers 

Cash items 

Gtold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 



Total - 



$94,509.81 
12,989.21 



1,000.00 



1,772.49 



7,717.17 

59,472.31 

2,275.83 

102.50 

1,252.58 

24,862.00 



205,953.85 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills pajrable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total. 



925,000.00 



1,281.78 

120.00 

9,387.33 

42,500.00 



110,703.77 
13,461.66 



8,499.86 



205,953.85 



Digitized by 



Google 



356 



N. C. CORPORATION COMMISSION. 



PATETTEYILLE SATIHaS AHD TEUST COMPACT. 
W. J. Edwards, President. C. J. Ahkabn, Cashier. 



RESOURCES. 



Loans and discoante 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds ^ 

Banking houses, fhrnlture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash Items 

GK>ld coin 

Silver coin, including all minor coin 

currency — 

National bank notes and other U. B. 



notes.. 
Expense account.. 



Total - 



825,985.00 



300.31 



600.00 

12,396.22 

214.50 



87.38 



- 40,488.90 



LIABILITIES. 



I 



Capital stock paid in .- $15,000.00 

Surplus fund- 1 

Undivided profits, less current ex- ^ 

penses and taxes paid { 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable I 

Time certificates of deposit. * 

Deposits subject to check t 24, 425. IS 

Demand certificates of deposit 

Due to banks and bankers i 

Cashier's checks outstAnding i 

Certified checks 

Discount account 1,063.77 



Total. 



40,488.90 



MECHANICS DIME SAVINGS BANK. RALEIGH. 
Chas. E. Johnson, President. Walters Durham, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bond on hand 

North Carolina State bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due ftt>m banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency . 

National bank notes and other U. S. 

notes 

Auxiliary banks 



5122,571.60 



Total .'. 148, 278. 27 



8,500.00 



572.50 



10,880.57 

217.51 

8.786.00 
250.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable. 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 






$15, 



000.00 
074.47 



123,208.80 



143,278.27 



PEOPLES SAVINGS BANK, WILMINGTON. 



H. C. McQueen, President. 



F. W. Dick, Cashier. 



RESOURCES. 

Loans and discounts $364 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

AH other stocks, bonds and mort- 

Premlum on bonds.. 

Banking houses, ftimiture and fix- 
tures. -J 

All other real estate owned 




199.90 



Demand loans 

Due from banks and bankers 

CashUems 

Gold coin _. 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 



5,642.00 

{,212.&4 

215.83 

116.80 

49.87 

800.00 



LIABILITIES. 



Capital stock paid In 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit... 

Due to banks and bankers 

Cashier*s checks outstanding 

Certified checks 

Accrued interest due to depositors.. 



Total I 406,622.22 I 

I I 



Total- ._ 406, 622. 22 



$80,000.00 



9,236.06 
40.50 



855,079.29 
10,766.87 



1,500.00 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



357 



PIEDMONT SAVINGS BANK, WINSTON. 
J. F. Griffith, President. P. W. CRUXCHFiEiiD, Cashier. 



BBSOURCBS. 



Loans and discounts.. 

Overdrafts 

United States bonds on hand 

North Carolina sJtate bonds 

All other stocks, bonds and mortr 

gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures __i — 

All other real estate owned 

Demand loaus 

Due from banks and bankers 

Cash Items _. 

Gold coin 

Silver coin. Including all minor coin 

currency 

National bank notes, and other U.S. 
notes 



Total 44,603.81 



LIABILITIES. 



$26,687.41 j Capital Stock paid In 

61.75 Surplus fUnd 

. Undivided profits, les^ current ez- 

— I penses ana taxes paid 

Dividends unpaid 

! Notes and bills redlscounted 

Bills payable 

Time certllicates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



2,004.48 



11,367.76 i 

696.52 I 

5.00 I 

1,165.40 , 

2,015.00 I 



Total. 



$10,800.00 
141.58 



84,161.78 



44,608.81 



SALEIOH SAVINGS BANK. 



Jno. T. Pullbn, President. 



Jas. O. Litchford, Cashier. 



RESOURCES. 



LK)ans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages. 



$836,858.64 
67.79 



Premium on bonds 

Banking houses, furniture and fix- 
tures.. 



All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency — 

National bank notes and other U S. 

notes 



Total— 



65,250.00 



12,800.00 
6,300.00 

"78,"te4.'«4" 
858.07 
160.00 

75.97 

1,855 00 



487,364.51 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Reserve interest 



Total - 



$16,000.00 
15,000.00 

5,816.48 



448,0^.06 



4,000.00 



487,864.61 



KICHHOND COUNTT SAVINGS BANK, BOCKINGHAH. 
W. li. Parsons, President. W. L. Scales, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans — 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, Including all minor coin 

currency 

National bank notes and other U.S. 
notes 



Total. 



$55,524.81 



2,000.00 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

1. 11 Certified checks _ 

165.90 Savings deposits 



447.60 



8,982.04 



67,907.96 



T«.tal. 



$7,600.00 



457.81 



60,960.15 



67,907.96 



Digitized by 



Google 



358 



N. C. CORPORATION COMMISSION. 



SAUSBUBT SAYnrGS BAVE. 



Lee S. Overman, President. 



W.F. Snider, Cashier. 



RESOURCES. 

Lioans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures— 

All other real estate owned 

Demand loans — 

Due from banks and bankers 

Cash items , 

Gtold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 



Total. 



$84,470.60 
17,362.65 



14,515.00 



22,800.00 



53,701.80 
8,227.80 
3,155.80 

1,346.07 

2,000.00 



212,678.82 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid :: 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cfishier's chocks outstanding 

Certified checks 



Total- 



$85,000.00 
4,000.00 

1,520.94 



163,236.44 



3,121.42 
5,799.92 



212,578.82 



SOUTHEBV LOAr AVD 8AYIHG8 BABE, CHABLOTTE. 
P. M. Brown, President. F. J. HLa y wood, Jr., Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 



$102,058.06 
54,07 



Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 
notes 



Total. 



1,000.00 



5,000.00 

7,189.78 

253.77 



164.42 



116,ff70.10 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 

Reserved for accrued interest 



Total 



$^,000.00 
8.470.08 



61,725.74 
24,774.28 



700. 00 



115,e70.10 



WILMIVeTOH SAYIBOS AHD TBUST COMPABT. 
J. W. Norwood, President. C. E. Taylor, Jr., Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses, furniture and fix- 
tures 

All other real estate owned 

Demand loans 

Due f^m banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

cu r rencv 

National bank notes and other U.S. 
notes 



$866,898.66 



Total 980,206.17 



2.00 
1,900.00 



100,183.68 
476.50 
25.00 

129.83 

2,091.00 



LIABILITIES. 

Capital stock paid in 

Surplus fund 



Undivided profits, less current ex- 
penses and taxes paid 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 



Time certificates of deposit 

Deposits subject to check 

Demand certifitates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certified checks 



Total - 



$25,000.00 
60,147.13 



905,050.04 



980,200.17 



Digitized by 



Google 



REPORT OF THE CONDITION OF STATE BANKS. 



359 



Summary of the Reports of the Condition of the State. 

Private and Savings Banl^s of North Carolina at 

the close of Business on Sept. 15, 1902. 



STATE BANKS. (82). 



RESOURCES. 

Loans and discounts 


§10,091,544.66 

226,480.06 

220.00 

67,925.00 

586.a5S.55 
4,387.50 
283,468.81 
117,074.51 
101,9as.57 
480,157.89 
2,6il.399.50 


LIABILITIES. 

Capital stock 

Surplus fund 


S3, 012, 689. 73 


Overdrafts 


497,301.02 


United States bonds 


Undivided profits 

Dividends unpaid 

Notes redlscounted _ 


526,087.79 


North Carolina State bonds 

All other stocks, bonds and luortr 


3,748.70 
411,936.82 


gages 


Bills payable 

Time deposits 


433,266.75 


Premium on bonds. 


653,512.79 
9,116 070.86 


Banking houses- 


Deposits subject to check 


Furniture and fixtures 


Demand certificates 


667,123.34 


All other real estate _ ___ 


Due to banks 


298,799.62 


Demand loans 

Due ftt)ni banks.. 


Cashier's checks . _ 

Certified checks 


79,232.84 
M, 774. 86 


Cash Items ^ 


297,162.48 


Miscellaneous 


355,698.87 


Gold coin 


177,396.88 
112,667.87 
634,208.87 
816,352.84 


Total 


Silver coin 




National bank notes 




Miscellaneous 




Total 


16,089,243.99 


16,089,248.99 







PRIVATE BANKS. (21). 



RESOURCES. 

Loans and discounts.. 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous 



$838,519.39 

31,028.51 

500.00 

6,500.00 

145,559.96 

500.00 

14,256.92 

12,219.71 

54,544.20 

45,908.56 

183,072.78 

25,538.53 

7,512.60 

12,511.70 

38,733.00 

2,265.60 



Total j 1,369,201.86 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Notes redlscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashier's checks 

Miscellaneous 



Total. 



8208,075.00 

90,173.74 

41,779.76 

101,600.00 

36,525.00 

150,725.42 

705,ia}.79 

15,7M.92 

15,209.85 

4,359.76 

944. 12 



1,369,201.36 



S^VIHGS BANKS (15). 



RESOURCES. 

Loans and discounts 

Overdrafts 

All other stocks, bonds and mort- 
gages 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due ftrom banks 

Cash items 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous' 

Total 



«2, 



507,158.92 
34,029.68 

76,265.00 
36,267.33 
10,435.48 

8,200.00 
51,878.68 
455,924.42 

9,781.94 
15,944.70 

9,608.04 
50,198.00 

1,165.49 



8,266,842.68 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes redlscounted 

Bills payable 

Time deposits 

Deposits subject to check. 

Demand certificates 

Due to banks 

Cashier's checks 

Miscellaneous 

Total 



8292,800.00 

31,500.00 

99,799.51 

183.75 

29,387.88 

42,500.00 

43,689.19 

2,608,174.46 

91,721.67 

7,451.84 

10,399.04 

14,285.89 



8,266,842.68 



Digitized by 



Google 



360 



N. C. CORPORATION COMMISSION. 



STATE, PBIVAT£ AND SAVIHOS BAVK8. (118). 



RESOURCES. 

Loans and dlBcounts — — 

Overdrafts 

United States bonds — 

North Carolina State bonds 

All other stocks, bonds and mort^ 

gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due from banks 

Cash items 

Gold coin — 

Silver coin 

National bank notes 

Miscellaneous 



$18,487, 

74, 

758, 
4, 
838, 
139» 
164, 
577, 
3,230, 
332, 
200, 
134, 
723, 
819. 



,217.97 
538.25 
720.00 
425.00 

683.61 
887.50 
993.06 
729.70 
1.77 
945.18 
396.70 
482.96 
884.08 
787.61 
K^.87 
773.93 



Total 20, 726, 288. 03 



LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes redlscounted 

Hills payable 

Time dcpoHlts 

Deposits subject to check 

Demand certificates 

Due to banks. 

Cashier's checks 

Certified checks 

Miscellaneous 



Total. 



$3,618,564.73 

618,974.76 

666,667.06 

3,982.45 

542,924.16 

511,291.75 

847,877.40 

12,424,349.11 

774,549.98 

821,461.31 

93,99L64 

34,774.86 

370,028.88 



20,725,288.08 



Close of Business June 30, 1899. 

STATE, PRIVATE AVD SAYIHOS BAHK8. 



RESOURCES. 

Loans and discounts 

Overdrafts — 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

B'urntture and fixtures 

All other real estate _. 

Demand loans 

Due f^om banks and t)ankers 

Cash Items 

Gold coin 

Sliver coin 

National bank notes 

Miscellaneous 

Total 



\ 010, 216. 07 
84,148.68 
46,300.00 
77,058.95 

488,664 02 

16,227.50 

191.583.97 

68,079.00 

144,751.65 

177,951.10 

,804,964.09 

80,998.6!? 

289,125.63 

114,002.22 

413,909.08 

322,615.48 



11,276,490.72 



LIABILITTES. 



Capital stock pcdd in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes redlscounted 

Bills payable 

Time certificates of deposit.. 

Deposits subject to check 

Demand certificates. 

Due to banks 

Cashier's checks 

Certified checks 

Miscellaneous' 



Total. 



$2,807,297.80 

410,889.42 

828,680.81 

8,198.00 

80,286.73 

84,781.66 

760,066.96 

6,511,640.71 

196,816.61 

179,498.74 

69,851.60 

1,860.64 

826,841.05 



11,276.490.72 



Close of Business December 13, 1900. 

STATE, PRIVATE AND 8A7IH08 BAJETKS. 



RESOURCES. 

Loans and discounts 


$9,895,086.02 
305,882.12 
30,050.00 
189.350.00 

609,289.48 

9,650.69 

231,140.63 

92,704.14 

212,504.78 

520,925.65 

2,451,767.84 

'263, 375. &4 

227,378.95 

162,012.43 

657,845.13 

322.399.37 


LIABILITIES. 

Capital stock., 

Surplus fUnd 

Undivided profits 

Dividends unpaid 


12,744,929.65 

684,917.96 

607,690.75 

831.60 


Overdrafts - 

United States bonds 

North Carolina State bonds 


All other stocks, bonds and mort- 
gages .. 


Notes redlscounted 

Bills payable 


261,887.78 
198,726.18 


Premium on t>ond8 


Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks ' 


686,786.58 

9,701,606.88 

668,878.84 

812,818 64 


Banking houses 


Furniture and fixtures 


All other real estate 


Demand loans 

Due from banks 


Cashier's checks. 

Certified checks 


111,006.'54 

2,48L74 

860,128.18 


Cash items 

Gold coin 


Miscellaneous... 

Total.. 


Silver coin. ._ 




National bank notes 




Miscellaneous.-. - . .. 








Total 


16,130,666.67 


16,180,666.67 





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REPORT OP THE CONDITION OF STATE BANKS. 



361 



Close of Business September 30, 1901. 

STATE, PBIVATE AVD SAVDIOS BA5KS. 



RESOURCES. 

Loans and discounts 

Overdrafts. 

United States bonds . 

North Carolina State bonds 

All other stocks, bonds and mort- 
gages 

Premium on bonds 

Banking houses 

Furniture and fixtures 

All other real estate 

Demand loans 

Due fTom banks 

Cash Items 

Gold coin 

Silver coi n 

National bank notes 

Miscellaneous 

Total 



SU.468,802.24 

^1,400.19 

4,000.00 

102,6504)0 

692,170.44 
8,105.00 
274,104.19 
123,920.19 
167,989.81 
494,888.97 
2,264,859.17 
198,982.94 
214,456.59 
1&4,158.68 
636,058.00 
821,736.11 



17,367,776.92 



LIABILITIES. 

Capital stock paid in 

Surplus fhnd 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check 

Demand certificates 

Due to banks 

Cashier's checks 

Certified checks 

Miscellaneous 



Total- 



$2,982,527.61 

628,493.63 

510,626.72 

6,376.98 

554,115.84 

706,829.13 

718,985.89 

9,873,425.21 

548,141 87 

877,484.90 

87,454.41 

2,494.22 

376,821.56 



17,367,776.92 



Close of Business September 15, 1902, 

COHDITIOH OF HATIOHAL BAVK8 OP HORTH CABOLXVA. (38). 



RESOURCES. 

Loans and discounts 

Overdraws 

U.S. bonds to secure circulation. 
U.S. bonds to secure deposits — 

U.S. bonds on hand 

Premium on U.S. bonds 

Stocks, securities, etc 

Banking house, Aimiture, etc — 
Other real estate and mortgages 

owned 

Due from other National banks. 
Due from State and private 

banks 

Due from approved reserve 

Internal revenue stamps 

Checks and other cash items 

Notes of other National banks 

Fractional paper currency, nick- 
els, etc , 

Specie 

liegal-tender notes__. 

Five per cent redemption fund.. 
Duelrora U.S. Treasurer 

Total 



111,437,381.36 

215,960.28 

1,792,100.00 

819,800.00 



68,990.52 
240,517.95 
364,978.52 

47,719.77 
980,005.87 

971,908.25 

1,015,598.89 

1,680.48 

116,908.77 

124,485.00 

15,138.12 

518,293.47 

431,629.00 

87,000.00 

15,899.00 



18,865,520.26 



LIABILITIES. 

Capital stock paid in 

Surplus fund 

Undivided profits, less expenses. 
National bank notes outstand- 
ing 

Due toother National banks 

Due to State and private banks 

and bankers.. 

Due to trust companies and 

savings banks 

Due to approved reserve agents. 

Dividends unpaid 

Individual deposits 

U.S. deposits 

Deposits of U. S. disbursing ofiEi- 

oers 

.Notes and bills rediscounted 

Bills payable 

Other liabiUties 



Total. 



88,280,000.00 

1,072,770.96 

669,911.80 

1,777,490.00 
544,688.79 

657,806.68 

24,892.97 

5,600.06 

1,201.64 

8,978,718.52 

765,552.29 

56,346.84 
777,640.28 
217,250.00 

36,206.55 



18,865,520.25 



Digitized by 



Google 



362 



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374 



N. C. CORPORATION COMBfJSSION. 

TSLEPHONS G0MP4VIB8, 



Name of Company. 



Albemarle Telephone Ck>mpany 

American Telephone and Telegraph Company 

Aflhboro Telephone Company 

AshevlUe Telephone Company 

Battleboro Telephone Company 

Boyklns-Conway Telephone Company 

Burke County Telephone Company _. 

Carolina Telephone and Telegraph Company 

Camden Telephone Company 

Carolina and Virginia Telephone Co 

Carthage Telephone Company 

Chapel HUl Telephone and Telegraph Company 

Charlotte Telephone Company 

Clinton and Dunn Telephone Company 

Concord Telephone Company -^ 

Edenton Telephone Company 

Elizabeth City Telephone Company - 

Forest City Telephone Company 

Foscoe and Montezuma Telephone Company 

Gaston Telephone Company 

GiMtonia Telephone Company 

Greensboro Telephone Exchange — - 



Hasty Telephone Company 

Henderson Telephone Company 

Hertford County Telephone Company 

Jackson and Rich Square Telephone Company— _ 

Kenansvllle Telephone Company 

Lattimore Telephone Company 

Lumberton Telephone Company 

Marlon Telephone Company 

Mebane-Ridgeville Telephone Company 

Mocksville Telephone Company. _ 

Monroe Telephone Company 

Morehead City Telephone Company 

MooresviUe Telephone Company 

Mutual Telephone Company _ 



Assessed 
Value. 



82,000.00 

50.000.00 
1.2S0.00 

25,000.00 

800.00 

S00.00 

2.250.00 

48,600.00 
1,500.00 

23,417.00 
315.00 
2,250.00 
3,500.00 
1,620.00 
3,000.00 
2.100.00 
7,500.00 
1,625.00 
142.00 
3,500.00 
8,500.00 

12,500.00 

125.00 

55,000.00 

475.00 

185.00 

157.50 

1,000.00 

3,000.00 

2,000.00 

650.00 

1,434.00 

2,100.00 

800.00 

4,250.00 

1.260.00 



Capital. 



92,000.00 

15,000.00 

1,250.00 

80,000.00 



900.00 

3,000.00 

150,000.00 

2,500.00 

77,000.00 

360.00 

2,600.00 

30,000.00 
1,000.00 
3,000.00 
1,500.00 
9,000.00 
1,625.00 
1,000.00 

10,000.00 
0,500.00 

50,000.00 



Funded 
Debt. 



880.000.00 



400.00 
8,000.00 

66,000.00 



600.00 



1,850.00 



50,000.00 



125.00 
80,000.00 

500.00 ' 

865.00 ' 

210.00 

1,350.00 ' 

3,000.00 I 



650.00 
1.434.40 
1,660.00 
1,000.00 
3,400.00 
2,000.00 



484.00 



Digitized by 



Google 



TELEPHONE COMPANIES, CAPITAL STOCK, ETC. 



376 



CAPITAL 8T0CE, Etc. 



Namber 
of Busi- 
ness 
Phones. 


Average 
Charge 

Per 
Annum. 

S18.00 


Number 

of Etesi- 

dence 

Phones 


Average 
Change 

Per 
Annum. 

$12.00 


Gross 
Earnings. 

I70&.00 


Operating 
Expenses. 


Income 

ftrom 

Operation. 


Pole 
Miles. 


Miles of 
Wire. 


25 


24 


$495.00 


9810.00 


20.00 


40.00 


•80 








1,598.48 
840.00 


996.72 
622.00 


601.76 
218.00 


242.15 
65.00 


1,469.41 




18.00 


25 


12.00 


66.00 


4se 


24.00 


468 


16.00 


17,669.01 


7,084.00 


10,685.01 


119.00 


119.00 


6 


2.00 


6 


2.00 


250.00 


150.00 


100. OO 


22.00 


80.00 


4 














11.00 
62.00 


11.00 


80 


18.00 


90 


12.00 


1,573.50 


1,236.70 


886.80 


62.00 


502 


24.00 


687 


16.00 


21 , 195. 13 


15,735.08 


5,460.10 


262.00 


742.50 


6 


Toll rate. 
24.00 






382.08 
8,380.00 


284.68 
H, 751. 86 


97.85 


27.00 
141.00 


38.60 


194 


215 


15.00 


466.00 


7 


12.00 


8 


12.00 


180.00 


150.00 


80.00 


1.75 


8.00 


9 


24.00 


41 


15.24 


1,3W».16 


925.80 


478.86 


14.00 


44.00 


260 


21.00 
18.00 


199 
14 


18.00 
15.00 








24 00 
42.00 


400.00 


27 


400 00 


165.00 


285.00 


42.00 


101 


16.20 


115 


10.80 


3,316.38 


2,588.04 


788.29 


25.00 


75.00 


48 


24.00 


82 


12.00 


1,380.00 


920.00 


460.00 


21.00 


47.00 


90 


80.00 


114 


12.00 


8,308.98 


1,800.00 


1,508.98 


15.00 


80.00 


26 


24.00 


58 


12.00 


t 






13.50 


26.00 






26 
20 










41.00 
57.00 


41.00 


26 


25.00 


15.00 


980.00 


600.00 


880.00 


150.00 


102 


24.00 


180 


18.00 


5,500.36 


4,250.18 


1,250.18 


44.00 


188.00 


285 


( t86.00 


185 


18.00 


12,000.00 
144.00 








1,500.00 


2 


t 124.90 
12.00 


10 


12.00 


120.00 


24.00 


6.50 


6.50 


875 


^ 27.48 


425 


16.00 


16,620.00 


11,281.00 


5,889.00 


888.00 


1,142.00 


5 








100.00 
41.81 
76.40 

120.00 
1.600.00 


20.00 
88.86 
86.80 
190.00 
780.00 


80.00 

2.95 

88.90 


28.00 
20.00 
7.00 
60.00 
60.00 


28.00 


5 








20.00 






2 

88 




7.0O 


14 






60.00 


100 


18.00 


12.00 


720.00 


50.00 


20 


16.00 


70 


12.00 


900.00 


500.00 


400.00 


8.00 
85.00 
68.00 


6.00 
35.00 


24 


24.00 


8 


16.00 


4^7.90 


175.00 


292.90 


68.00 


25 


24.00 


176 


12.00 


2,750.00 


2,100.00 


650.00 






16 


15.00 
18.00 


10 
44 


15.00 
12.00 












82 


1,140.00 


660.00 


480.00 


81.00 


178,00 
















55.18 


56.18 



Digitized by 



Google 



376 



N. C. OORPOftATIOIf OOMMiSSION. 



Name of Gompcuiy. 



Pamlico and Beaufort Telephone Company 

Pituboro Telegraph and Telephone Company- 
Raleigh Telephone Company 

ReidsvUle Telephone and Telegraph Company.. 

Rutherfordton Telephone Company 

itotiBbury Telephone Company 

Snow Hill and Farmville Telephone Co 



Southern Bell Telephone and Telegraph Company 



Btateaville Telephone Company 

TaylorsvlUe Telephone Company... 

Thomasvllle Telephone Company , 

Tyrrell County Telephone Company 

The Inter-State Telephone and Telegraph Company.., 

The Madison Telephone Company 

The Moore Telephone Company 

Wadesboro Telephone Company 

Washington County Telephone Company 

Washington and Hyde County Telephone Com pan y. 

Waynesville Telephone Company « 

Wilkin Electric Company 



William J.Strlbbllng Telephone Company 

Williamaton Telephone Company 

Total 



Value. 



$1,460.00 
260.00 
10,000.00 
3,600.00 
2,500.00 
13,600.00 
200.00 

38,284.00 

4,000.00 

000.00 
1,766.00 

400.00 

80,000.00 

1,000.00 

600.00 
2,800.00 

460.00 
1,260.00 
2,000.00 
2,a)0.00 

400.00 
8,000.00 



888,064.50 



Capital. 



$1,450.00 
600.00 

20,000.00 
6,600.00 
1,000.00 

15,000.00 



Punned 
Debt. 



97,150.^ 
1,600.00 
1,000.00 

11,000.00 



1.000,000.00 ^ 

7,000.00 I 

675.00 
1,755.00 

460.00 

100,008.00 

1,000.00 



8,000.00 

660.00 

2,160.00 

2,600.00 

2,600.00 



1,700,249.46 



160,000.00 



1,100.00 



828,584.00 



* Toll line service. 

t Not operated twelve months. 

I Greensboro. 

p Burlington. 



Digitized by 



Google 



TELEPHONE COMPANIES, CAPITAL STOCK, ETC. 



377 



CAPITAL eTOOC, Bto.-^CoAtlBmad. 



ness 
Phones. 


AveiBge 
Ofaarge 

Per 
Annum. 


Number 
or Resi- 
dence 
Phones. 


Avem^e 
Chanre 

Per 
Annum. 


Gross 
Earnings. 


Operating 
Expenses. 


Income 

ftom 

Operation. 


■ 

Pole 
Miles. 


Miles of 
Wire. 





._..._ 


. ^. 








. 





51.50 


60.00 










$188.65 
3,880.15 


868.06 
4,800.00 


820.48 


11.00 
12.00 


11.00 


110 


880.00 


800 


816.80 


300.00 


77 


24.00 
15.00 


53 
60 


15.00 
12.00 








45.00 
20.00 


115.00 


42 


1,265.50 


880.75 


484.75 


35.00 


148 


24.00 


ia5 


18.00 


5,845.50 


4,076.00 


1,269.50 










5 
I 1,607 




37.40 

1 


45.00 




11.00 
521.00 


11.00 


1,152 


( 24.00 
i to 
( 48.00 


( 12.00 
i to 
( 36.00 




8,044.00 












58 


24.00 


125 


12.00 


2,892.00 


2,075.00 


817.00 


5.00 


46.00 


5 


12.00 


3 


6.00 


259.00 


100.00 


159.00 


23.75 


23.75 


24 


15.00 


30 


12.00 


840.00 


542.00 


298.00 


16.00 


54 00 


2 


15.00 
80.00 






180.00 
48.892.25 


50.00 
27,188.61 


180.00 
16,208.64 


9.25 
298.30 


9.25 


981 


928 


18.00 


1,785.30 


3 


24.00 
18.80 
16.80 


4 
S 
85 


24.00 
9.00 
12.00 


200.00 

185.00 

1,275 00 


400.00 




26.00 
38.00 
30.00 


28.00 


6 




34.50 


59 


990.00 


285.00 


55.00 


5 


80.00 
80.80 






150.00 
^9.00 


80.00 
255.00 


120.00 
294.00 


50.00 


30.00 


10 


8 


24.00 


50.00 


80 


18.00 


82 


15.00 


840.00 


700.00 


140.00 


15.00 


80.00 


80 


18.00 


88 


12.00 


2,284.21 


Wo. 81 


1,388.90 


28.00 


88.00 


8 


80.00 


3 


18.00 


114.00 


.10.00 


90.00 


20.00 


20.00 


87 


24.00 


25 


18.00 


1,268.71 


715.00 


548.71 


68.00 


85.00 


5,869 




6.492 




169,952.81 


106,801.10 


58,111.92 


8,287.88 


18,140.89 












Digitized by 



Google 



378 



N. C. CORPORATION COMMISSION. 

COST or BOAS, CAPITAL STOCK, 



Name of Road. 


Cost of Road. 


Capital stock. 


Funded Debt. 


Atlantic Coast Line Railroad Company . 


$88,180,978.82 


$28,944.0^.71 


$18,981,822.54 






Seaboard Air Line Railroad Company.. _ 


0,220,676.88 


15,158,434.21 


12, 781, 870.6ft 






Southern Railway (owned lines) 


82,262,499.62 20.744.026.00 


15,161,262.35 


Leaaed or otherwise controlled, as follows— 
Atlanta and Charlotte Air Line __ 


1,158,148.00 
550,853.00 

2,500,000.00 
528,371.00 
652,522.79 

4,975,627.00 


272,200.00 
828,079.00 

1,000,000.00 
272,725.00 
250,000.00 

4,000,000.00 


880,904.00 


Asheville and Spartanburg .. 


812,961.00 


Atlantic and Yadkin 


1,500,000.00 


Atlantic and Danville... 

High Point, Randleman, Ashboroand Southern. 
North Carolina _ 


312,952.00 
402,000.00 


Southern Railway (rolling stock) 




North Cftmllnn Mldln^nd 


1,746.924.20 


924,000.00 


801,000.00 


Southern Railway (Interest in depot) 




North and South Carolina 


112,211.08 

31,659.76 

1,264,884.12 

558,792.00 


50,000.00 
31,300.00 
625,000.00 
175,608.10 




State University . 

Yadkin ..._ 




615,000.00 


South Carolina and Georgia 


883,766.70 


Total leased lines 

Total Southern Railway (all lines) 


14,078,008.00 
46,885.602.62 


7,929,562.10 
28,078,588.10 


5,208,578.70 
20.850,830.05 






Total Atlantic Coast Line, Seaboard Air 
Line and Southern Railway 


98,746,167.82 


67,776.065.02 


47,078,529.14 






Miscellaneous Roads— 

Aberdeen and Ashboro. . -_ 


415,242.56 

150, SSL 28 

319,466.00 

2,177,027.00 

92,108.90 

90,910.62 

504,000.00 

117,899.42 

68,400.00 

17,500.00 

46,000.00 

157,063.20 

108,000.00 

74,580.00 

250,072.86 

-•i 777- no 


250,000.00 

100,000.00 

174,258.00 

1,797,200.00 

80,200.00 

281.504.60 

260.000.00 

100,000.00 

16,060.00 

100.000.00 


76,000.00 


A berdeen and Rockflsh .... . .... 


80,000.00 


Atlanta, KnoxviUe and Northern . . 


146,213.00 


Atlantic and North Carolina 

Caldwell and Northern. __ . 


825,000.00 


Carolina and Northwestern 


207.686.88 


Carolina Northern 

Cape Pear and Northern 

Carthage — 


250.000.00 




Cashle and Chowan . - — — 




Chowan and Aulander 




Durham and Charlotte _ . 






East Carolina 

East Tennessee and Western North Carolina. — 
Egypt. 

T/awndale 


55,000.00 
48,570.00 
125,000.00 


24,196.00 
108,000.00 


Llnville River - 120,000.00 


60,000.00 


60,000.00 



Digitized by 



Google 



COST OF ROAD, CAPITAL STOCK, FUNDED DEBT, ETC. 379 
roVDSD DEBT, Ete. — Hortli CaroUna. 



Capital Stock 
Per Mile. 


Funded Debt 
Per Mile. 


ABsessed 
Valuation. 


Assessed 
ValuaUon 
Per Mile. 


Taxes Paid. 
$185,710.00 


Taxes 

Paid Per 

Mile. 

$195.73 


Miles. 


124,417.00 


$14,258.00 


$13,978,440.00 


$14,733.00 


948.77 


24,504.42 


20,581.76 


8,712,728.00 


14,247.00 


89,505.00 


147.08 


009.12 


85,240.00 


25,739.00 


6,965,235.00 


11,817.00 


124,784.89 


211.71 


589.41 


6,339.00 


20,510.00 


960.810.00 


22,246.12 


16, 179. 12 


374.61 


43.19 


7,842.00 


7,469.00 


370,145 00 


8,829.79 


5,066.05 


121.82 


41.92 


6,065.00 


9,061.00 


1,445,088.00 


8,971.21 


15,874.68 


95.44 


161.08 


12,896.00 
9,828.00 


14,225.00 


172,029.26 


7,819.51 






22.00 


15,000.00 


180,725.00 


4,881.44 


1,684.82 


62.91 


26.78 


17,893.00 




4,698,568.00 


20,799.32 


60,737.58 


268.86 


225.90 




899,292.00 


1,233.60 








17,282.00 


14,940.00 


145,956.00 
10,000.00 


2,727.64 


2,078.95 


88.85 


58.61 


11,286.00 
8,069.00 




5,506.00 


1,500.00 


63.70 


17.07 


8.78 





25,049.00 


2,470.31 


261.09 


25.74 


10.14 


15,214.00 


15,000.00 


131,925.00 


3,217.98 


1,500.30 


36.50 


41.00 


2,741.00 


5,987.00 


344,556.00 


5,486.54 


3,835.96 


61.08 


62.80 


11,458.08 


7,526.29 


8,889,782.26 


12,778.26 


106,802.20 


154.33 


692.06 


22,875.72 


15,888.00 


15,804,967.26 


12,883.56 


231,587.09 


180.78 


1.281.46 


28,870.28 


16,578.98 


88,496,135.26 


13,558.08 


506,802.00 


178.52 


2,889.86 


8,106.50 


944.10 


207,825.00 


2,701.30 


2,064 50 


26.51 


80.85 


2,880.00 


1,904.00 


89,880.00 


2.128.00 


919.11 


21.88 


42.00 


18,201.00 


11,001.00 


47,960.00 


8,660.31 


480.00 


86.64 


13.10 


18,918.00 


8,421.00 


734,880.08 


7,729.79 


10,019.57 


106.46 


96.00 


8,415.09 





27,887.77 


2,588.76 


88.56 


8.86 


10.60 


8,202.00 


4,117.10 


284,827.00 


8,241.04 


2,188.24 


29.67 


72.80 


12,425.42 


12,425.42 


51,620.00 


2,486.61 


810.97 


14.97 


20.76 


5,000.00 
857.56 




54,6i2.75 


2,783.14 


446.40 


22.82 


20.00 




46,776.00 


2,474.82 


584.00 


28.86 


18 50 




.__ . 


26,720.00 


2,226.66 


:r78.42 


81,11 


12.00 






26,260.00 


2,196.65 


198.68 


17.27 


11.50 


___..__ __— _- 




72,880.00 


2,143.11 


432.12 


12.80 


88.76 






81,066.00 


1,266.92 


267.83 


10.61 


24.Jtt 


16,190.00 


8,066.00 


12,523.51 


4,141.17 


179.15 


59.71 


8.00 


15,626.00 


18,500.00 


28,775.00 


2,971.87 


188.40 


28.56 


8.00 







21,000.00 


2.333.88 


167.00 


18.55 


9.00 


5,000.00 


5,000.00 


12,186.00 


1,011.26 


152.50 


12.70 


12.00 



Digitized by 



Google 



380 



N. C. OORPORATIOK COMMISSION. 

C08T W EOAD, CAPITAL SIOCC, 



I 



Name of Road. 



Ckvt of Boad. 



G^tal Stock. 



I 



MlBOKLLANBOUet ROADS— OoDtlBaed. I 

Mount Airy and EaMera 9m,9S0.W 

New Hanorer Transit Ckmipany I 5,^00.00 

Norfolk and Southern 2,066,097.98 



Norfolk and Western 

Northampton and Hertford 

Raleigh and Cape Fear 

Red Springs and Bowmore 

Hnffolk and Carolina 

Transylrania 

Warrenton 

Wellington and Powellvyille 

Washington and Plymouth 

Wilmington Railway Bridge Company... 
Danville and Western ., 

Total miscellaneoiis roads _. 

Grand total all roads „ 



I 



2,990,«82.48 
28,511.00 j 

141, MB. 87 I 
89,^00.00 

886,731.88 

i60,«)0.00 
14.975. 00 

166,501.06 



$25,990.00 

8,8S0.00 

1.184,470.00 

4,618.211.46 

45,000.00 

110,500.00 



957,000.00 
145,217.00 



ll,iiB,80B.48 



104,664,960.75 



246,144.00 
820,000.00 
12.800.00 
90,000.00 
20,000.00 
40.000.00 
87,806.00 



10,101,051.06 



Funded Debt. 



92,589.00 

765,750.00 

2,752,4.32.76 

90,000.00 



96,160 00 

199,000.00 

6,000.00 



109,090.00 
817,000.00 
107,896.00 



5,C».892.00 



77.877,116.08 j 52,697,881.2$ 



Digitized by 



Google 



COST OF ROAI>^ CAPITAL STOCK, FUNDED DEBT, ETC. 881 
FirVBS9 DEBT. Bto.— Vertk CuroUaa-'-Coiitinmd. 



Capital 

Stock Per 

Mile. 


Funded Debt 
Per Mile. 


ABsesaed 
Valuation. 


Asssesed 

Valuation 

Per Mile. 


Taxes Farld. 


Taxes 

Fkid Per 

Mile. 


Miles. 


S5,18g.00 


»7,160.00 

11,000.00 

1,196,821.00 

788,842.76 

23,582.50 

52,997.60 

20,600.00 

87,780.00 

84,040.00 

9,440.00 

16,080.00 

55,850.00 


$1,480.00 
2,750.00 

14.396.79 
9,061.86 
2,710.6:^ 
2,864.W 
980.95 
3,681.77. 
2.722.38 
3.146.66 
1,920.00 
1,668.16 

20,833.33 
2,658.88 


18a. 58 

89.10 

10,287.64 

6,896.05 

186.98 


•6.70 
22.27 
123.64 
78.95 
l,'i.74 


5.M 


2,212.60 
13,624.00 
68,819.00 


9,196.00 
81,614.00 


4.00 
83.27 
»7.84 

8.70 






416.65 , 22.48 


18.50 






96.50 ' 4.45 11.00 


10,256.00 
10,866.00 
4,100.00 
3,760.00 


3,690.00 
6,186.00 
2,000.00 


600.21 24.83 
1,060.15 1 34.34 
86.09 • 28.69 
322.66 18.44 
442.80 13.30 
406.00 168.75 
550.64 70.59 


24.17 
30.87 
3.00 
24.00 
38.28 


16,666.66 
4,726.00 


90,416.67 
13,487.00 


50,000.00 
20,700.00 


2.40 
7.80 


12,022.05 


6,696.30 1 4,178,969.86 


4,967.73 


40.870.60 1 48.06 


840.21 


21,164.79 

• 


14,821.65 1 42,670,075.12 


11,596.52 


547,262.69 148.73 


3,679.56 



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382 



N. C. CORPORATION COMMISSION. 



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RECAPITULATION OP EARNINGS, ETC. 



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384 



N, C. CORPORATION COMMISSION. 



IMPLOTfiBS AVB 9AILT 





! 

joeneral Officers. 


Other Officers. 


QeoeTEkl Office 
Clerks. 


Name of Road. 


1 












1 No. 

1 


Average 

Dally 

Wages. 


No. 


Average 
Wages. 

t7.11 


No. 


Average 
Wa^. 


Atlantic Ooftst Line Railroad 


1 
—1 8 


$18.54 


12 


187 


SI. 81 


Southern Railroad System in North Car- 
oUoa 




99 
7 


2.91 
6.41 






Seaboard Air Liine Railway - 


1 
..J 6 


15. «l 


92 


2.04 


MiSCEIiLANBOUS ROAD8— 














Aberdeen and Ashboro _ . . . 


_— 1 4 








2 




Aberdeen and Rockflsh 





2.40 


3 


1.78 






Atlantic and North Carolina 


— 1 4 


3.75 


3 


2.50 


5 


1.7* 


Caldwell and Northern - — 


4 








1 




Caoe Pear and Northern ..... ._ 


8 


3.83 






I 


1.90 


Carolina Northern _- - 




■ 










Carolina and Northwestern 




4.22 


8 


2.90 


8 


1.37 


Carthage 

Cashieand Chowan 


1 


4.79 






1 


.95 














Danville and Western - i 


! 1 


Durham and Charlotte 


2 


2.40 


1 ; 


E^ast Carolina 






1 1 


Atlanta, ICnoxvlUe and Northern - 


...1 i_ _ 


Egypt - - 

Norfolk and Southern. _ 


1 2 




1 


— 
2.63 








8.78 


8 


4.18 


43 


1.77 


Norfolk and Western 


1 
—1 6 


3.76 






15 


1.91 


Northampton and Hertford. 


..-1 6 












Raleigh and Cape Fear 

Red Springs and Bowmore 


... 4 


4.80 

















. 






South Carolina and Gheonrla . 


1 8 


4.88 


2 


3.29 


5 


1.2» 


Suffolk and Carolina 


11 


3.41 


1 


2.16 


2 


1.15 


Transylvania -. 

Warrenton _ - 


, 2 


2.50 






1 


.68 














Wellington and Powellsville 


4 




, 1 


Wilmington Seacoast , 


-.: 3 


1.67 


6 








Mt. Airy and Eastern - 














La wndale 














Linville River _ 


1 \"""\ 




' 













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EMPLOYEES AND DAILY AVERAGE COMPENSATION. 386 

AYEEAGl C0MPEV8ATI0H. 



Station Agents. 


Other Station 
Men. 


Bnglnemen. 


Firemen. 


Condactors. 


Other 
Trainmen. 


Na 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wage*. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


142 


$1.34 


416 


$1.05 


96 


$4.20 


94 


$1.88 


00 


$2.90 


178 


$1.04 


189 


1.80 


587 


1.11 


180 


4.42 


217 


1.84 


121 


8.10 


316 


1.46 


102 


1.40 


161 


1.16 


74 


4.27 


172 


1.58 


68 


2.76 


141 


1.17 


12 


1.25 


10 


1.00 


5 


8.00 


5 


1.50 


5 


2.50 


15 


1.00 


2 


.95 
.85 






8 

7 


1.58 
2.96 


8 

7 


.75 

.83 


1 
4 


1.31 
2.00 


5 
14 


.76 


18 


17 


1.12 


.88 










1 


2.50 


1 


1.00 






8 


.80 


4 


.83 


2 


.70 


1 




1 




1 





2 














14 


.98 


81 


.68 


7 


8.23 


7 


1.25 


6 


2.65 


15 


.7J 


8 


.97 


1 


.W 


1 


1.92 


1 


.96 


1 


1.92 


2 


.76 


























8 


.56 







3 


1.25 


3 


.70 


1 


1.00 


6 


.7$ 
































1 


. .58 


1 


.50 


1 


1.75 


1 


.90 








1 


.7$ 


46 


1.17 


50 


1.24 


16 


2.58 


16 


1.15 


18 


2.84 


31 


1.2S 


16 


1.58 


15 


1.10 


89 


4.88 


47 


2.19 


7 


8.72 


15 


2.U 


1 


.96 







1 


1.50 


1 


.85 


1 


1.92 


1 


.76 


4 


.19 


1 


8.66 


1 


1.92 


1 


1.00 


1 


1.92 


8 


.96 


13 


.74 


6 


.49 


2 


8.97 


2 


1.98 


2 


2.12 


6 


1.2t 


14 


.66 


5 


.50 


5 


2.18 


6 


1.00 


4 


1.77 


6 


1.00 


16 


.60 






1 


2 29 


1 


.90 


1 


1.80 


5 


.54 










4 




3 




8 
1 


2.40 


8 

2 




2 
2 




8 
2 




1 


.50 




.58 


1.48 


.61 


- — 







. 




'■ 




















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386 



N. C. CORPORATION COMMISSION. 



EKPL0TEE8 AND DAILT 



Name of Road. 


Machinists. 


Carpenters. 


Sb 
No. 


Other 
lopmen. 


No. ' AA-erage 
1 Wages. 


No. 

32 

321 
31 

2 

1 

19 


Average 
Wages. 


Average 
Wages. 


Atlantic Coast Line Railroad __ - 

Southern Railway System In North Car- 
olina 


28 

91 
98 

2 
1 
4 


«2.98 

2.90 
2.82 

3.00 
2.00 
2.5S 


$2.12 

L53 
2.00 

250 
1.25 
1.42 


371 

261 

290 

4 
1 

88 


$L26 
L32 


Seaboard Air Line tUiilway 


L58 


Miscellaneous Roads— 

Aberdeen and Ash bo ro_._ 


LGO 


Aberdeen and Rockflsh 


.75 


Atlantic and North C.irolina 


.95 


Caldwell and Northern 




Cape Fear and Northern 

Carolina Northern 


1 
"'""1 











Carolina and Northwestern 


13 


1.67 


6 


1.25 


13 


.84 


Carthage.- 




Cashie and Chowan 














Danville and Western 














Durham and Charlotte 


1 


1.50 


1 


1.00 






Ea'>t Carolina 






Atlanta, KnoxvlHe and Northern 


1 










Egypt — 






1 
20 

8 


LOO 
1.76 
L61 


1 
42 
11 


.75 


Norf«»lk and Southern 


44 


2.09 


L17 


Norfolk and Western _ 


L27 


Northampton and Hertf«»rd 








Raleigh and Cape Fear 

Red Springs and Bowmore 















South Carolina and Georgia 


2 


2.05 
1.55 


12 
3 


1.35 
L87 


5 
2 


1.15 


SutTolk and Carolina 


LOO 


Transylvania 




Warrenton 














Welllnirton and Powellsvllle 


1 




1 




2 




Wilmlnerton Seacoast 








Mt Airv and E^aHtern 












Tjiiwndnle 




1 . 








LInville River _ - 



















1 





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EMPLOYEES AND DAILY AVERAGE CQHFBNSATION. 367 

ATEBAGE C01IPEH8ATI0V— Contiiiiied. 



Section 
Foremen. 


Other 
Trackmen. 


Switch, Flag, 
and Watchmen. 


Telegraph 
Operators. 


Other 
Employees. 


Total. 


No. 


Avenure 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


No. 


Average 
Wages. 


106 
100 

100 
• 


$1.43 
1.81 

1.56 

1.50 
1.27 
1.17 
1.50 


687 
1,211 

940 

40 
18 
45 
5 
6 


$0.68 
.75 

.90 

.75 
.70 
.60 
.75 


85 
169 

70 
9 


$1.88 
1.67 

1.82 


50 
148 

84 


$1.86 
1.60 

1.85 


290 
423 

211 
42 


$0.74 
. 1.08 

L68 
.80 


$2,664 
4,528 

2,614 
115 


8 


.83 




48 


• 
1 


8 


.78 


248 
16 


t 





8 


28 
26 


14 

t 


1.28 
L84 


44 

8 


.62 

.74 


1 


.88 


1.48 


12 


.78 


188 
21 










29 




















18 


8 


1.15 


12 


.70 






40 














12 












.88 
1.20 
1.82 










80 


1 


1.84 
1.44 
1.29 
1.50 
1.85 

1.57 
1.00 
1.84 


5 
87 
66 
18 

6 

28 
25 
6 


.64 

1.01 

1.02 

.85 

.75 

.75 
1.00 
.69 


1 
28 

1 






88 

78 


1.80 
1.88 


17 


18 
1 


8 


1.44 


604 
840 
25 


8 






28 
















14 


• 
8 
1 


1 
2 


.88 
1.00 


2 


.87 


7 


.62 


100 
91 
88 
















4 


1 


1.06 


6 
9 


.68 


1 






87 


1 








8 


.60 


81 















16 







10 
26 


1 













Total number of employees.. 



U,8 



Less employees on lines (In proportion to mileage) extending beyond the 
Umits of the State 



422 



Total number employees in North Carolina 



11,401 



Digitized by 



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N. C. CORPORATION COMMISSION. 





her CSaasee than 
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Trains- 
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antic Coast Line Railroad... 
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STREET RAILWAY COMPANIES. 



389 



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Digitized by 



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GENERAL INDEX. 



COMPLAINTS AND DECISIONS, SEE PAGES I TO 33 INCLUSIVE. 



PAOB. 

Aberdeen and Ashboro Railroad — assessment of (Part 2) 4 

report of (Part 2) 242 

Aberdeen and Rockflsh Railroad — assessment of (Part 2) 4 

report of (Part 2) 244 

Assessment — of express companies (Part 2) 84 

of Pullman Car Company (Part 2) 87 

railroads (Part 2) 2 

by counties (Part 2) 38 

by towns (Part 2) .' 61 

of steamboat and canal companies (Part 2) 108 

of telegraph companies (Part 2) 89-96 

telephone companies (Part 2) 99 

Asheville and Spartanburg Railroad — assessment of (Part 2) 3 

report of (Part 2) 214 

Atlanta, KnozYille and Northern Railroad — assessment of (Part 2) 5 

report (Part 2) 246 

Atlantic Coast Line Railroad Company — assessment of (Part 2) 2 

report (Part 2) 116 

Atlantic and North Carolina Railroad — assessment of (Part 2) 6 

report of (Part 2) failed to make report 
Atlanta and Charlotte Air Line Railroad — assessment of (Part 2) 3 

report of (Part 2) 203 

Atlantic and Yadkin {Pkft 2) report 209 

Banks (Part 2) 320-362 

Bridge companies (Part 2) 108 

officers, capital, etc. (Part 2) 108 

Building and loan companies (Part 2) 367 

Caldwell and Northern Railroad — assessment of (Part 2) 6 

report of (Part 2) 251 

Cape Fear and Northern Railroad — assessment of (Part 2) 6 

report of (Part 2) 247 

Canal companies — assessment of (Part 2) 108 

Capital stock, funded debt, etc. (Part 2) 378 

Carthage Railroad — assessment of (Part 2) 5 

report of (Part 2) 262 

Cashie and Chowan Railroad — assessment of (Part 2) 5 

report of (Part 2) 263 

Carolina and Northwestern Railroad — assessment of (Part 2) 6 

report of (Part 2) 264 

Carolina Northern — assessment of (Part 1) 6 

report of (Part 2) ^^ 254 

Digitized by ' 



.^^ 254 , 

/Google 



392 N. C. CORPORATION COMMISSION. 

PAO£. 

Circulars — Issued by the Commission (Part 1) 34 

Countlefr— assessment of railroads In (Part 2) 38 

Danville and Western Railroad — assessment of (Part 2) 6 

Durham and Charlotte Railroad — ^assessment of (Part 2) 5 

report of (Part 2) 261 

Earnings — recapitulation of ( Part 2) , 3jj2 

East Carolina — assessment of ( Part 1) 5 

report (Part 2) 263 

East Tennessee and Western N. C. Railroad— assessment of (Part 2) 5 

report of (Part 2) 264 

Electric light companies ( Part 2) Ill 

EiXpress Company, Southern — assessment of (Part 2) 84 

officers (Part 2) 318 

Gas companies (Part 2) Ill 

High Point, Randleman, Ashboro and Southern Railroad — assessment of 

(Part 2) 8 

report of (Part 2) 21» 

Lawndale Railroad — assessment (Part 1) 5 

report (Part 2) 265 

Linvllle River Railroad — assessment (Part 1) 5 

report (Part 2) 265 

Mount Airy Eastern (Part 2) 266 

New Hanover Transit Company — assessment of (Part 2) 5 

report of (Part 2) 287 

Norfolk and Southern Railroad — assessment of (Part 2) 5 

report of (Part 2) 267 

North Carolina Railroad — assessment of ( Part 2) 3 

report of (Part 2) 228 

North Carolina Midland — assessment of ( Part 2) 3 

report of (Part 2) 223 

North and South Carolina (Part 2) 232 

Norfolk and Western — assessment of (Part 2) 5 

report of (Part 2) 274 

Northampton and Hertford Railroad — assessment of (Part 2) 6 

report of (Part 2) 266 

Postal Telegraph Cable Ck>mpany. 

assessment of by counties (Part 2) 97 

officers (Part 2) 96 

capital stock, etc. (Part 2) 373 

Pullman Company — assessmefll of (Part 2) 87 

officers (Part 2) 317 

Railroads — assessment of (Part 2) 2 

assessment of by counties ( Part 2) 38 

by towns (Part 2) 61 

Raleigh and Cape Fear — assessment of ( Part 2) 5 

report of (Part 2) 287 

Receipts and disbursements ( Part 2) 389 

Red Springs and Bowmore — assessment of (Part 2) 5 

report of (Part 2) ^^ 290 

Digitized by VjOOQIC 



GENERAL INDEX. 39$ 

PA08 

Seaboard Air Line Railway Company — assessment of (Part 2) 4 

report of (Part 2) 134 

Southern Railway — assessment of (Part 2) 3 

report of (Part 2) 165 

Southern Express Company — assessment of (fart 2) 84 

officers (Part 2) 318 

Southern Bell Telephone and Telegraph Company — assessment of (Part 2) . . 99 

officers (Part 2) 99 

South Carolina and Georgia — assessment of (Part 2) 3 

report of (Part 2) 233 

State University Railroad—assessment of (Part 2) 3 

report of (Part 2) 236 

Steamboat and Canal Companies — assessment of (Part 2) 108 

Street Railway Ck)mpanies — ^assessment of (Part 2) Ill 

report of (Part 2) 299 

Suffolk and Carolina Railroad—assessment of (Part 2) 6 

report of (Part 2)' .^ 290 

Table — ^Recapitulation of earnings (Part 2) 382 

Table — Capital stock, funded debt, etc. (Part 2) 3V8 

Table— Empioyees (Part 2) 384 

Table— Accidents (Part 2) 38& 

Telephone Companies— assessment (Part 1) 99 

officers (Part 2) 99 

capital stock, etc. (Part 2) 374 

Telegraph Companies— assessment of ( Part 2) 89-96 

officers (Part 2) 96 

capital stock, etc. (Part 2) 373 

Towns — Railroads and assessments ( Part 2) 61 

Transylvania Railroad Company — assessment of ( Part 2) 6^ 

report of (Part 2) 295 

Warrenton Railroad— assessment of (Part 2) .• 5 

report of (Part 2) 296 

Washington, Plymouth — assessment of ( Part 2) 5 

report (Part 2) 298 

Water Works Companies (Part 2) 114 

Wellington and Powellsville Railroad — assessment of (Part 2) 5 

report of (Part 2) 297 

Western Union Telegraph Company — assessment of (Part 2) 89 

officers (Part 2) 96-318 

capital 373 

Wilmington Railway Bridge Company — assessment of (Part 2) 4 

report of (Part 2) 317 

Wilmington Seacoast Railroad — assessment of (Part 2) 5 

Wlnton Railroad — assessment of (Part 2) 6 

report of (Part 2) 296 

Yadkin Railroad — assessment of ( Part 2) 3 

report of (Part 2) 238 

2 2« 

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